Responsible Resolutions: This is the latest article in a series from sustainable finance practitioners about their hopes for the New Year.
At the end of 2019, the United Nations Environment Programme summarized the state of play on climate in its 10th annual Emissions Gap report. The report reiterated what the IPCC's special report on Global Warming of 1.5C set out over a year prior - the world is in urgent need of a "dramatic strengthening" of national climate policy contributions. This call for urgent policy action mirrors the demands of global protest movements that filled the months between these reports.
But what are the implications for this call for policy action for the financial world? Two trends are worth keeping an eye on as we enter the 2020s.
Firstly, mainstream investor-corporate engagement will be under pressure to undergo a radical transformation. In the last two years, investor focus has already started shifting from op…