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DTEND;TZID=Europe/London:20241029T103000
UID:https://www.lse.ac.uk/granthaminstitute/?post_type=event&p=75151
DTSTAMP;TZID=Europe/London:20260608T172603Z
LOCATION:Online (via Zoom)
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<p>The Transition Pathway Initiative Centre\, based at the London School of Economics and Political Science\, assessed the climate ambitions of 26 major international banks\, ten US super-regional banks\, and two custodian banks for the <a href="https://transitionpathwayinitiative.org/publications/uploads/2024-state-of-transition-in-the-banking-sector-report-2024.pdf"><strong>State of Transition in the Banking Sector report</strong></a>. Despite banks setting targets to tackle climate change\, there remains a huge gap with the policies they are implementing to reach their goals. The banks are still in the early stages of the low-carbon transition\, and the current ambition and scope of their actions remain insufficient to meet climate goals. </p>
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<p>The webinar\, <strong><em>From words to action: banking on net zero</em></strong>\, presented the results from the banking assessments\, followed by the panel discussions.</p>
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<p><strong>Introduction and Presentation:</strong></p>
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<li><a href="https://www.transitionpathwayinitiative.org/publications/uploads/2020-david-russell-biography.pdf"><strong>David Russell</strong></a>\, Chair of Transition Pathway Initiative Ltd.</li>
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<li><a href="https://www.lse.ac.uk/granthaminstitute/profile/valentin-julius-jahn/"><strong>Valentin Jahn</strong></a><strong>\, </strong>Senior Policy Fellow\, Deputy Director\, TPI Centre at the London School of Economics</li>
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<p><strong>Panel: </strong></p>
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<li><a href="https://www.transitionpathwayinitiative.org/publications/uploads/2020-masamichi_kono_bio.pdf"><strong>Masamichi Kono</strong></a><strong>\, </strong>Senior Advisor\, MUFG Bank\,  Member of Global Advisory Board\, Mitsubishi UFJ Financial Group\, Trustee\, IFRS Foundation</li>
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<li><a href="https://www.transitionpathwayinitiative.org/publications/uploads/2020-maria-tinedo-biography.pdf"><strong>Maria Tinedo</strong></a>\, Financial Institutions and TMT Programs Director\, Emerging Markets Investors Alliance (EMIA) </li>
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<li><strong><em>Moderator</em></strong>: <a href="https://www.lse.ac.uk/granthaminstitute/profile/carmen-nuzzo/"><strong>Carmen Nuzzo</strong></a>\, Professor in Practice\, Executive Director\, TPI Centre at the London School of Economics</li>
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<p>The panel discussed: </p>
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<li>“Easy wins” that banks can implement to start off their climate strategies</li>
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<li>Trends and challenges in emerging markets</li>
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<li>Impediments to transition finance</li>
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<li>Steps needed to create a dialogue among the relevant stakeholders to accelerate the net zero transition</li>
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<p>We hope you find the report’s results and the discussions insightful. Please take a few minutes to take this <a href="https://forms.office.com/e/vufqaVTmAD"><strong>post-webinar survey</strong></a> and share your thoughts\, so we can bring you more resources tailored to your needs. We would greatly appreciate your time.</p>
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URL;VALUE=URI:https://www.lse.ac.uk/granthaminstitute/events/state-of-transition-in-the-banking-sector-2024-webinar/
SUMMARY:State of transition in the banking sector 2024 webinar – video
DTSTART;TZID=Europe/London:20241029T090000
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