• Alpcan E. Gencer

The Network for Sustainable Financial Markets joins the Coalition for Climate Resilient Investment

Updated: Mar 30

London, United Kingdom, [March 2021]— The Network for Sustainable Financial Markets (NSFM) is delighted to participate in the Coalition for Climate Resilient Investment.


Ahead of the UK-hosted COP26 that is to take place this November 2021, the Network for Sustainable Financial Markets (NSFM) and the Coalition for Climate Resilient Investment (CCRI) – a coalition of private investors aimed at strengthening the market forresilient investments- have announced a joint collaboration that will take place upon the joint working stream: “Financial Innovation”.


The Coalition for Climate Resilient Investment (CCRI) efforts will establish material research, products and services related to climate risk mitigation and adaptation that meet the needs of stakeholders across the financial policy and markets value chain. In turn, the NSFM #NextGen initiative aims at addressing a broad range of intergenerational issues through its international outreach network to young professionals.


The CCRI was launched during the UN Climate Week back in September 2019, where it expressed recognition of the efforts and work of the Financial Stability Board’s Task Force on Climate Related Financial Disclosure (TCFD).


The Network for Sustainable Financial Markets (#NSFMNextGen) is an international online network for young professionals and studentsin sustainable finance, banking and insurance. The Network was relaunched in 2019 and has a unique positioning with important roles in spearheading #nextgen leadership work and supporting product innovation across asset classes. The NextGen Initiative (#NSFMNextGen) focusesengagement upon a set of three sustainable finance related activity streams covering Disclosure Regulation & Taxonomy including Materiality; Climate & Nature / Biodiversity; Intergenerational Equity & Just Transition.


Carlos Sanchez, Director of Climate Resilience Finance at Willis Towers Watson and CCRI Executive Director, said:

“We welcome the NSFM's decision to join the Coalition for Climate Resilient Investment. This marks an important step toward ensuring the next generation of sustainable finance professionals are at the forefront of financial innovation to better integrate climate risk in investment decision making.

A more accurate pricing of climate risk will create opportunities to build a network of resilient infrastructure in high, medium and low-income countries, enabling us to better prevent future human and financial disasters. We look forward to working together in order to deliver pioneering solutions to advance climate resilience."


“Over the last few months, we built partnerships with a number of international organizations,” explains Martina Macpherson, President, #NSFMNextGen. “With the help of our partners, ambassadors and other networks, we aim to bring the young sustainable finance professionals and students at the forefront of the policy debate during the United Nations COP26 and in line with the Sustainable Development Goals – our leading framework for #NSFMNextGen initiatives.”

*** ENDS ***


About The Network for Sustainable Financial Markets (#NSFMNextGen)

The #NSFMNextGen initiative is an international network of sustainable finance sector professionals, academics and thought leaders who have an active interest in long-term investing.

We believe that the recurring crises recently experienced in our financial markets are not isolated incidents. Rather, this instability is evidence that the financial market system needs a well-thought-out reform so that it can better serve its core purpose of creating long-term sustainable value. The Network seeks to focus research and debate on the underlying causes of financial market instability and on development of fundamental reforms.

The #NSFMNextGen Initiative was formed by Network for Sustainable Financial Markets board members as a follow up initiative in December 2018 and focusses on supporting young professionals and academics across the Sustainable Investing, Banking and Insurance industries by providing an online platform for engagement, knowledge exchange, career opportunities and mentorship. For more information and to keep up to date with the #NSFMNextGen Initiative, please visit http://nsfmnextgen.org



FOR MEDIA INQUIRIES, PLEASE CONTACT:

Email:info@nsfmnextgen.org


17 views0 comments

Recent Posts

See All

©2020 by #NSFMNextGen. 

Network for Sustainable Financial Markets CIC

registered in London, United Kingdom