Joining Keesa Schreane in the Green Room this week, logging on from Hong Kong, was Darrenth Hawken, Director of Global Infrastructure and Sustainable Finance at London Stock Exchange Group.  

Darrenth shared some of the findings of LSEG's latest 'Potholes on the Road to Sustainable Infrastructure' report, which highlights some of the major trends driving the current sustainable infrastructure investment marketplace, along with key data that will help refine the list of key players, flag the most important metrics to monitor and highlight the challenges looming for both investors and government sponsors.

A record US$627 billion in sustainable infrastructure projects in the renewable energy and nuclear sectors were announced globally in 2021, up from US$275 billion in 2020. A total of 1,521 renewable and nuclear infrastructure projects were announced, up from 1,365 in 2020 and more than 3.5 times the total number of projects launched a decade ago. Solar projects are leading the way with a total of 863 new projects announced in 2021, followed by wind, which saw 442 new initiatives launched last year.

Read the full report  https://www.refinitiv.com/en/infrastructure-investing/insights/sustainable-infrastructure/full-report

This week on the Green Room we speak to Jaakko Kooroshy, Global Head of Sustainable Investment Research at FTSE Russell.

Jaakko dives into our latest report 'COP 27 Net Zero Atlas'. Find out what countries are doing globally to meet the targets set by the Paris Agreement back in 2015. Are the targets ambitious enough to keep global warming to well below 1.5C? Not quite, but find out why, and who's making the most progress.

Read the full report https://www.ftserussell.com/research/cop27-net-zero-atlas

Jesica Andrews from the UN’s Environment Programme Finance Initiative joins us for an exciting conversation on the race to net zero. With COP 27 taking place this week it's a perfect time to get into the UN's many efforts in aligning countries and company goals to achieve net zero.

 While we get into country-wide goals, Jes also runs the Net Zero Asset Owners Alliance, one of many alliances for financial institutions. It sets and encourages concrete ambitious targets based on the 17 Sustainable Development Goals and how to integrate these into their day-to-day business practices. These companies are pledging to be net zero by 2050.  Listen to find out how targets are monitored and what happens if they're not met.

LSEG’s Group Head of Sustainability Jane Goodland speaks to Sven Utermöhlen, RWE Renewables’ Offshore Wind Chief Executive Officer, to discuss the company’s roadmap towards net zero and the values of offshore wind.

The conversation highlights RWE’s ‘Growing Green’ strategy, which includes ambitious plans to triple offshore wind capacity by 2030, and also how it intends to become a net positive employer when it comes to biodiversity.

 The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

LSEG’s Group Head of Sustainability Jane Goodland speaks to Heather Buchanan, Executive Director/Founder of the APPG on Fair Business Banking/Bankers for Net Zero initiative, to discuss the roadmap towards net zero, and the critical relationship between business and the financial services sector in delivering climate action.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

LSEG’s Group Head of Sustainability Jane Goodland speaks to Hywel Ball, EY’s UK Chair and UK&I Managing Partner, to discuss the roadmap towards net zero and the collective responsibility that we all have to play in climate action.

The conversation focuses on how collaboration and innovation between the financial sector, regulators, policymakers, and advisors will accelerate the energy transition post COP26, and also considers some of the near term obstacles around geopolitical risk and energy security.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

View the full series: https://lseg.com/netzero

LSEG’s Group Head of Sustainability Jane Goodland speaks to Nigel Topping, COP26 UN High-Level Champion for Climate Action, to discuss the roadmap towards net zero and the critical role that the financial services industry has to play in climate action.

The conversation focuses on how the mobilisation of financial capital, along with solutions that pool intellectual capital, are helping non-state actors to drive private investment into emerging markets and other key areas of sustainable finance.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

LSEG’s Group Head of Sustainability Jane Goodland speaks to Emma Howard Boyd, CBE, Environment Agency/Green Finance Institute Chair, to discuss the roadmap towards net zero and the critical role that the Environment Agency has to play in climate action.

The conversation focuses on the environmental issues impacting flooding and coastal erosion, and on other key risk management issues around climate shocks. Emma also explains her long-term vision for the climate agenda and the strategies to drive the green industrial revolution.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

LSEG’s Group Head of Sustainability Jane Goodland speaks to David Schwimmer, LSEG’s Chief Executive Officer, to discuss the critical role that the financial services sector has to play in climate action.

The conversation focuses on how the industry is facilitating investment to reduce emissions via voluntary carbon markets, and is also leading change in disclosure and regulatory standards to ensure effective capital allocation and delivery of mandated climate transition plans.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).

LSEG’s Group Head of Sustainability Jane Goodland speaks to Bryony Widdup, Partner at DLA Piper, to discuss the roadmap towards net zero and the critical role that the financial services industry has to play in climate action.

The conversation focuses on how sustainable finance and investments are mobilising capital, and engagement between the public and private sectors, as well as the NGO community, are bringing together implementation on these commitments.

Bryony also identifies some of the hurdles that the industry needs to address to achieve its climate goals, looking at the need for more public policy intervention, and a refocusing on transition finance, in order to ensure a framework for credible investments in green energy.

The Net Zero Conversations series was filmed at the Net Zero Delivery Summit, hosted by the City of London Corporation in association with the COP 26 UK Presidency 2022 and the Glasgow Financial Alliance for Net Zero (GFANZ).