The Role of Banks in Fighting Climate Change: Decarbonizing the Bank Lending Sector
The Climate Solutions Collaborative at Confluence Philanthropy is hosting this virtual session as part of Climate Week NYC.
Confluence Philanthropy’s mission is to transform the practice of investing by aligning capital with our community’s values of sustainability, equity, and justice. We support and catalyze a membership network of private, public and community foundations; family offices; individual donors; and their values-aligned investment advisors representing more than $70B in philanthropic assets under management, and over $3.5T in managed capital. The Climate Solutions Collaborative (C2C) is a working group for pioneering philanthropies, investment managers, and family offices dedicated to halting climate change. Collaborative members accelerate the flows of capital to foster mitigation, low-carbon transition, and resilience. C2C aims to bring market-based climate solutions to scale and to make the field of climate investing more active, connected, and effective. The Climate Solutions Collaborative was created in 2016 in partnership with The U.S. Department of Energy and policymakers under President Obama.
Over the past few months, we have seen momentum build behind the financial sector’s efforts to improve their climate policies, with increased attention to measuring, reporting and slowing the flow of financing to fossil fuel companies. As we plan for the possible outcomes of the upcoming U.S. election and onwards through shareholder season and COP 26 in 2021, what role can investors, financiers, and bank clients, play to increase banks’ ambition and incentivize them to accelerate action?
Panelists will address why is it important that banks decarbonize their lending portfolios, what bank leadership can and does look like, and what clients can do to catalyze more ambitious climate action by their banks.
The panelists are: Matthew Slovik, Managing Director and Head of Global Sustainable Finance at Morgan Stanley; Trenton Allen, Managing Director and CEO, Sustainable Capital Advisors; and Danny S. Growald, Co-Chair, BankFWD.
This session will be moderated by Marilyn Waite, Program Officer for the Environment, Hewlett Foundation.
This event is open to members of Confluence Philanthropy, as well as non-member grant-makers and values investors interested in getting involved in our community.
To request an invitation please email: email@example.com
This event is part of Climate Week’s Transport and Infrastructure, Finance, Investment and Jobs, and Climate Impacts and Adaptation program.