‘Finance matters,’ says Dr Nicola Ranger, head of Oxford’s climate and environmental risk research, about why finance is one of the core themes of the COP26 conference.
Dr Ranger is deputy director of the UK Centre for Greening Finance, a Government-backed organisation established to provide up-to-date analytics on the risks to the financial sector and investment of climate change. One of the biggest challenges for the investment community in future is understanding the risks and recognising the potential opportunities.
‘Investment needs to flow where it is needed,’ she says. ‘[Green investment] is the biggest investment opportunity in history.’
At Oxford, she says, we have brought together experts from across the disciplines and from a dozen universities to provide information and advice for investment, ‘enabling countries and governments to see the risks and the opportunities’.
COP26 ask: We need policymakers to set the right environment.