The COVID-19 crisis can be seen as a wake-up call for our social and financial system to be better prepared for the long-term climate crisis. Today’s financial interventions, while addressing the short-term health and economic urgencies linked to the pandemic, must think about the chronic climate crisis to design a resilient and green recovery. Forgetting of the global climate emergency in such a crucial moment for financial investments would mean to lose the opportunity to reverse the previous pattern, locking us into long-term unsustainable investments and moving the world away from the possibility to meet the Paris Agreement’s goals.
- Barbara Buchner, Global Managing Director and Executive Director, Climate Finance, Climate Policy Initiative
- Ivan Faiella, Senior Economist, Banca d’Italia
- Sara Lovisolo, Group Sustainability Manager, London Stock Exchange Group
- Massimo Tavoni, Director, RFF-CMCC European Institute on Economics and the Environment (EIEE) and Professor, Politecnico di Milano (Moderator)