Fireside Chat

The current landscape of banking, it’s impact on climate change, and new ways to transition the economy off of fossil fuels

You voted for this

The world’s largest pools of capital lag far behind social and environmental initiatives and dramatically dampen the potential for any permanent progress towards a clean and just economy. Banks, in particular, continue to feed the current system by providing low cost capital to industries that directly fund socially and environmentally destructive change, utilizing out-dated risk models and managing to short-term profitability metrics imposed by secondary markets.

Banking today needs to support the sustainable development of local and global economies towards a fair, just and transformed economy. Banks need to develop unique capital and technological solutions to help accelerate our necessary transition off of fossil fuels rather than keep us in a 1950s mindset. Customers need to align with banks and companies engaged in this transition to establish a clear market signal for others to follow.

Confirmed Panelists

Ravi Mikkelsen, Pete Hellwig

Supporting Materials

Share this session idea

Comment on this session idea

Your email address will not be published. Required fields are marked *