The green finance revolution

In conversation with Mark Carney and Axel Weber.

by Huw Van Steenis 29 Sep 2020 3 min read

What is the role of finance in the transition to net zero, and what are the implications for investors?

Immediately following UN Climate Week, Mark Carney, UN Climate Envoy on Climate Change and Finance and former Governor of the Bank of England, Axel A. Weber, Chairman of UBS Group and Huw van Steenis, Senior Adviser to the CEO & Chair of the Sustainable Finance Committee discuss the outlook for a green recovery, the role of finance in the transition to net zero and their views of the implications for investors.

Timestamp for questions

Time

Time

Questions

 

Questions

 

Time

00'50:

Questions

 

Priorities for an action plan to prompt a whole economy transition

Time

05'10:

Questions

 

Progress of the standards

Time

08'40:

Questions

 

Timeline to get a decision on useful data

Time

12'10:

Questions

 

Defining stress test success

Time

17'20:

Questions

 

How has COVID-19 impacted the climate transition risks?

Time

14'40:

Questions

 

Comparing the different net zero commitments

Time

27'30:

Questions

 

Can we implement global taxation?

Time

34'30:

Questions

 

Lessons from earlier European climate change markets

Time

38'10:

Questions

 

Focus on returns – are there opportunities for both the private and public sector

Time

46'00'

Questions

 

What role might governments play in the financing stranded assets as a response to the transition?

Time

50'30:

Questions

 

How will emerging markets be treated?

Time

57'20:

Questions

 

How asset owners and managers can help support the initiatives?

Reprinted with permission.

Any information presented is general in nature and not intended to provide individually tailored investment advice. Investing involves risks and there is always the potential of losing money when you invest.

Sustainable investing strategies aim to incorporate environmental, social and governance (ESG) considerations into investment process and portfolio construction. Strategies across geographies and styles approach ESG analysis and incorporate the findings in a variety of ways. The returns on portfolios consisting primarily of sustainable investments may be lower or higher than portfolios where ESG factors, exclusions, or other sustainability issues are not considered, and the investment opportunities available to such portfolios may also differ.

As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business, that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information, please review the PDF document at ubs.com/relationshipsummary.
UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.

More articles on sustainable finance