Rewiring the Financial System to Deliver a Net-zero Economy 2022 | Financial Times Live | 8 November 2022 | Goals House, Four Seasons, Sharm-El Sheikh, 1 Four Seasons Boulevard, El-Salam, Qesm Sharm Ash Sheikh, Egypt

Climate change is an all-encompassing challenge

In order to solve the climate crisis and achieve net-zero ambitions, every major sector of the global economy will need to transform. It’s estimated that US$120trillion of global financing will be needed to deliver a net-zero economy by 2050. So, what can we do to unlock this capital and transform the real economy?

The Financial Times, in partnership with HSBC, is delighted to host this opportunity for an exclusive group of policymakers, business leaders and selected NGOs to come together to discuss how the global economy can be rewired to a net-zero economy. The panel discussion during the reception will provide insights from industry leaders on their vision of how the economy can be transformed to unlock capital and deliver net-zero ambitions. The networking drinks following the panel discussion will allow for more one-on-one in depth discussion with the speakers and others looking to leverage a rewired economy to achieve the world’s climate ambitions.

Key Discussion Points:

• Reflection
It’s been over a year since the Glasgow Financial Alliance on Net Zero at COP26 outlined its ambition to help rewire the financial system to net zero by 2050 at the latest. What has happened, and what needs to happen next?

• Macroeconomic Outlook
With today’s headwinds of an energy crisis and war in Europe, inflation, a mounting food crises, and a climate crisis, how do financial actors navigate financing a resilient, affordable and orderly energy and wider net zero transition?

• Economic Turmoil
Given the recent economic turmoil will we see a slow down or acceleration of progress that banks and other financiers are making?

• Capital
Why is capital still not flowing at scale to the places we need it to? What are the roadblocks and how might we address these?

2022 Speakers

WORLD-CLASS BUSINESS LEADERS AND SPEAKERS:

Nigel Topping
UK’s High-Level Climate Action Champion, UNFCCC

Celine Herweijer
Group Chief Sustainability Officer, HSBC

Pilita Clark
Associate Editor and Business Columnist, Financial Times

2022 Partner

• HSBC