Description

The financial sector plays a key role advancing the sustainable finance agenda and in mobilizing the necessary capital to deliver on both the Paris Agreement and Sustainable Development Goals’ commitments.

Sustainable finance includes capital flows, risk management activities, and financial processes (including disclosure) that assimilate environmental and social factors as a means of promoting sustainable economic growth and the long-term stability of the financial system. It further helps ensure that investments support a resilient economy and a sustainable recovery from the impacts of the COVID-19 pandemic.

The landscape with regard to sustainability standards is rapidly evolving. Numerous voluntary sustainability standards have been developed in recent years in the financial sector to address the environmental, social, and governance risks. These standards are likely to move towards mandatory standards such as on non-financial disclosure (eg. European Union regulations) and environmental risk management (eg. Monetary Authority of Singapore guidelines).

In this webinar, we will hear the perspectives of the various stakeholders involved. What are their specific roles, experiences and views on the developments with regard to environmental governance? What is the role for regulation vis-a-vis finance and market driven tools? What are the hurdles to overcome and what are the benefits? What is required to rebuild back better after the COVID-19 crisis?

The webinar will be of interest to practitioners, researchers, policymakers, civil society members, and wider climate change-related stakeholders interested in understanding developments in environmental governance & corporations.

This seminar is part of a 3-part series on environmental governance.