Growing numbers of investors and banks recognise the need to support climate action that raises society with it – a just transition.
UKSIF is part of the Financing a Just Transition Alliance, a collaborative initiative of banks, investors and other stakeholders in the UK, set up to build on the growing momentum for a just transition and encourage practical steps forward in the run-up to COP26.
The Alliance will help implement the recommendations from the investor and banking tracks of work.
There is real interest to take the high-level commitments to the just transition to a practical level – showing how the social dimension can be part of effective climate action by financial institutions, not least in terms of place-based strategies.
The Alliance is perceived as a light-touch network that generates real world outcomes on the road to COP26.
Jan is a member of UKSIF