Monday 12th June 2023 | One Great George Street, London
The UK Centre for Greening Finance and Investment (CGFI) held its second Annual Forum on Monday 12th of June 2023. The Forum focused on the role of data, analytics and innovation in advancing green finance in the UK and internationally.
40 speakers from industry, government and academia shared perspectives on the future of green finance data and analytics; explored key challenges; and shared their impactful innovations in climate and environmental analytics.
See below for more from the Forum’s keynote speeches, interactive panel discussions and innovation showcases.
Ben Caldecott – Director, CGFI
Baroness Penn – Lords Treasury Minister
Iain Williams – Strategic Partnerships Director, NERC
2023 is the year of the transition plan. Recently the latest UK Green Finance Strategy and TPT’s new Disclosure Framework underline the need for credible and internationally-aligned transition planning approaches, underpinned by new tools and data. In this session, panellists discuss how to meet these challenges, and how to develop credible transition plans, looking beyond net zero to integrate adaptation and nature.
Jennifer Bell – Vice President – Climate Change, Barclays
Jacques Morris – Head of Policy, CGFI & Secretariat Team Lead, TPT (chair)
Tim Rawlings – Co-Head, Climate Hub, Bank of England
Matt Scott – Senior Director, Climate and Resilience Hub at Willis Towers Watson
Swenja Surminski – Managing Director Climate and Sustainability, Marsh McLennan &
Professor in Practice, Grantham Research Institute, LSE
The Bank of England’s Climate Biennial Exploratory Scenario exercise was designed to stress test the UK’s largest banks and insurers portfolios against climate risks. In this session CGFI will share findings and learnings from the exercise and host a panel discussion around scenario planning challenges and the future of climate stress testing.
Rama Cont – Chair of Mathematical Finance, University of Oxford
Chris Faint – Head, Climate Hub division, Bank of England
Jo Paisley – President, Global Association of Risk Professionals
Jakob Thomä – Co-Founder & Research Director, 2DII
Nicola Ranger – Executive Director, Oxford Martin School Systemic Resilience Programme, University of Oxford
Mike Wilkins – Executive Director and Professor of Practice, Centre for Climate Finance and Investment, Imperial College London (Chair)
David Craig – Co-Chair, TNFD
As our economy and society relies heavily on nature and the ecosystem services it provides, the loss of nature and biodiversity is posing significant financial risks for companies and financial institutions alike. In this session panellists explore the current state of understanding nature-related financial risks as well as the data needs and challenges to support a nature positive economy.
Nitika Agarwal – Head of Sustainable Finance Policy, WWF-UK
Helen Avery – Director, Nature Programmes and GFI Hive, Green Finance Institute
James D’Ath –
Sebastian Leape – Chief Executive Officer, natcap
Joanna Macrae – Head of Strategy and LEAF, International Forest Unit,
This panel and Q&A will showcase some of the successful innovation projects funded by Innovate UK’s SBRI CERAF programme. Project leads will join us in a panel discussion with Q&A around the future of climate and environmental analytics for green finance.
Moderator: Iain Clacher – Pro Dean, International at Leeds University Business School
Panel I: Heimdal Satellite Technologies, Maximum Information and Oxford Earth Observation
Panel II: Alo Mundus, BRE Group, City Science and Renewable Risk
Co-occurring natural hazards can lead to increased impacts and damages. In a changing climate it is increasingly important to understand the evolution of risk from multiple co-occurring natural hazards. In the session we will showcase some of the latest research on combined wind-flood risks followed by a panel discussion on the integration of these research insights into business decision making.
Paul Bates – Professor of Hydrology, University of Bristol (co-chair)
Hannah Bloomfield – Research Associate in Climate Risk Analytics, University of Bristol
Jennifer Catto – Associate Professor, University of Exeter
Rowan Douglas – Director, Insurance Development Forum
Len Shaffrey – Professor of Climate Science, University of Reading (co-chair)
This session will showcase some of the research projects funded by Natural Environment Research Council’s “Integrating finance and biodiversity for a nature positive future” programme. Project representatives will present and discuss their research, focused on data and analytics outputs.
Bruce Howard, Ecosystems Knowledge Network (chair)
Shewly Choudhury, NERC Associate Director, Interdisciplinary Programme Design and Management
Research project representatives – Find out more about the projects
Rewatch all recordings from the Annual Forum below, or browse individual sessions on our dedicated page.