Transitioning to a climate-safe world requires mobilisation of massive financial resources by the public and private sectors into future-fit industries and infrastructure, and into climate resilience.
We have very little time to radically re-engineer the financial system so that its rules, institutions and governance are fit for purpose and work for, rather than against, the future that we need to build.
Politics affects financial decisions, and finance influences politics. We work to influence key political decisions which can have cascading effects through the financial system.
Our finance work addresses European, national and international issues around the world where there is an opportunity for wider leverage through the system.
Our vision is that the financial system enables a smooth global transition to climate safety, and that financial actors use their full political voice.
International public financial institutions have a unique and vital role in the global transition to climate safety.
Our work focuses on the politics and governance of these institutions, and in assessing their progress in aligning with the Paris Agreement.
The global financial system is currently biased towards short-term goals at the expense of long-term opportunities and risks.
Policy change can accelerate the transition to a sustainable global economy and align the system to people’s values. Our work develops and encourages high impact reforms in Europe as well as in national and international jurisdictions.
We focus on the national and international governance of climate-related financial risk, and the integration of climate change into macroeconomic thinking. This includes looking at the role of finance ministries and central banks, and at the relationship between finance and climate policy.
