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ARTICLE · 03 JUNE 2019

Transforming Society Through Finance

These past few weeks have been an extraordinary time for climate discussion and green finance.

GuernseyFinance and Banking

Sir Roger Gifford, former Lord Mayor of London and Chair of the London Green Finance Initiative, was the keynote speaker at the Guernsey Funds Forum in London in May 2019. This is an edited version of his address to the conference.

These past few weeks have been an extraordinary time for climate discussion and green finance.

We have even seen green issues knock Brexit off the top spot of the news.

We're on a journey and still very early on that journey, but so much is happening.

We are transforming society through green finance – I do believe in the power of money to change the way that we live.

Assessing the economic risk of climate change is necessary. It has taken some time for consensus to form the right way forward. Carbon dioxide hangs around for a long time, far beyond the normal decision-making horizon.

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