Alenka Turnsek’s Post

Thanks for sharing your takeaways. The role of the Tax and incentive system by national governments in stimulating, accelerating and crowding in public and private sector is different in Global North versus the Global South. #GCET25 South Africa hss been a key platform to discuss these differences. #GCET26 will be in Brazil next year as we build up to #COP30.

🌍 Key takeaways from the Group's latest roundtable on Cambridge Institute for Sustainability Leadership (CISL)'s competitive sustainability report Last week's roundtable, chaired by Victoria Collins MP, alongside speakers Dr Nina Seega and Viola A. M., underscored the urgent need to align profitability with sustainability to secure a resilient future. Read the full meeting summary below. 🔗 Climate and biodiversity losses are translating into economic impacts. It’s time to move beyond short-term gains and bridge profitability and sustainability. 📈 Policy and incentives matter: Subsidies, mandates, and tax incentives are pivotal. Bold industrial strategies can inspire private sector innovation and investment, countering the misconception that businesses simply await government support. 💡 Reimagining ESG: While ESG disclosures have raised awareness, the real transformation lies in integrating sustainability into core business models and pricing future costs into current strategies. 🤝 The UK has a unique opportunity to lead globally, leveraging its progress in green finance and offshore wind while fostering technological innovation domestically. Read the full CISL ''Survival of the Fittest – From ESG to Competitive Sustainability'' report here https://lnkd.in/gYn4wEE8 #Sustainability #ESG #NetZero #Leadership #Innovation

🌍 Positive Outlook for Net Zero Investments! 📈   We are excited to share key insights from the Investor Group on Climate Change (IGCC) "State of Net Zero Investment 2024" report. The findings highlight a strong and growing commitment to decarbonisation and climate related investment.   Here are some of the standout points: 🔹 Increased Net-Zero Commitments: More investors are committing to net-zero targets by 2050, with an increasing number setting interim targets for 2030 or 2035. These commitments signal a robust demand for decarbonisation solutions, including carbon markets. 🔹 Active Corporate Engagement: Investors are increasingly engaging with companies to ensure they set and meet science-based decarbonisation targets. This active stewardship drives corporate action on emissions reductions, creating more opportunities for investments in decarbonisation technologies and projects. 🔹 Recognising Climate-Related Risks: Investors are increasingly recognising the need to address climate-related risks, which supports investments in projects that enhance environmental resilience and sustainability.   Check out the slides for a summary of the report.    #NetZero #Decarbonisation #SustainableInvestment #ClimateAction #IGCC #EnvironmentalMarkets #ClimateRisk

Great summary by Kakariki Capital on the Investor Group on Climate Change (IGCC)'s State of Net Zero Report. Investors are wanting companies to set their targets and disclose their activities on the path to decarbonisation. Check out their summary report in the link below. #ESG #NetZero #ClimateAction

🌍 Advancing the Global Bio-economy: A Collective Path Toward Sustainability 🌱 Bioeconomy is considered a strategic sector of the world economy in the transition towards a more sustainable future with less carbon footprint and improving climate resilience. The bio-economy is estimated at $4-5 trillion and could significantly grow by $30 trillion by 2050. 1.     A well-coordinated strategy involving national, regional and international players is always required for adequate financing. It is critical to underline that the Bioeconomy action entails collective action and refers to high-level principles as established by the G20 Initiative on Bioeconomy. 2.     On the use of private capital from limited investment to market conditions and the requirement of risk capital, financing the bioeconomy means surmounting challenges. 3.     We have several measures and instruments with which to grow the bioeconomy, such as nature credits or blended public-private financing. 4.     Readily cooperation with other countries is important. Forums such as the G20 and the following COP meetings are potential venues for progress in the promotion of a sustainable and equitable bioeconomy. It has been a challenge to turn this vision into reality with an all-encompassing approach needed for its achievement. Read the full report to explore: [https://shorturl.at/wGflv] #Bioeconomy #Sustainability #ClimateAction #Finance #GlobalDevelopment #Innovation #Biodiversity #G20 #SustainableFinance

In preparation for this year's G20 Leaders' Summit, scheduled for 18 and 19 November in Brazil, the Global Solutions Summit took place last May in Berlin, Germany. This is an international conference aimed at addressing key policy challenges for the G20 with the aim of making expert-based policy recommendations. On behalf of #PwC, I attended the conference and wrote a paper on how nature-based carbon credits and debt-for-nature swaps can be part of a climate agenda for the South. That paper has now been published on: https://lnkd.in/eJRxMA52 The paper argues that the G20 could play a leading and facilitating role in several ways in scaling up the voluntary carbon market, increasing the use of debt-for-nature swaps to give developing countries space to invest in their climate and nature resilience, and could shape mechanisms to enable the use of nature-based carbon credits in debt-for-nature swaps. In line with this paper, last June I wrote an op-ed in the Dutch newspaper Trouw on how debt-for-nature swaps can be used to relieve developing countries investing in climate and nature. This is extra relevant now that the new Dutch cabinet plans to structurally cut €2.4 billion a year from development aid. https://lnkd.in/eG-tQRA8

How can we make the green transition not only possible but equitable? As climate action scales globally, the public and private sector alike must ensure that sustainability strategies are both environmentally and socially impactful. Our new article, “Financing the ‘Just’ in Just Transition,” showcases our unique approach to integrating social equity into climate finance. From pioneering frameworks that align social KPIs with green goals to case studies like the AGRI3 Fund and the Scottish National Investment Bank’s renewable energy training program, our article spans sectors and geographies to deliver solutions that matter. With tailored climate and sustainability services for financial institutions, public sector leaders, and impact-driven organizations, we’re ready to partner with clients to drive meaningful, lasting change. 🌱 Discover how BCG’s capabilities can support your sustainability goals. Read the article today: https://lnkd.in/eh82tCHN #JustTransition #SustainableFinance

How can we make the green transition not only possible but equitable? As climate action scales globally, the public and private sector alike must ensure that sustainability strategies are both environmentally and socially impactful. Our new article, “Financing the ‘Just’ in Just Transition,” showcases our unique approach to integrating social equity into climate finance. From pioneering frameworks that align social KPIs with green goals to case studies like the AGRI3 Fund and the Scottish National Investment Bank’s renewable energy training program, our article spans sectors and geographies to deliver solutions that matter. With tailored climate and sustainability services for financial institutions, public sector leaders, and impact-driven organizations, we’re ready to partner with clients to drive meaningful, lasting change. 🌱 Discover how BCG’s capabilities can support your sustainability goals. Read the article today: https://lnkd.in/e3xst8-4 #JustTransition #SustainableFinance

How can we make the green transition not only possible but equitable? As climate action scales globally, the public and private sector alike must ensure that sustainability strategies are both environmentally and socially impactful. Our new article, “Financing the ‘Just’ in Just Transition,” showcases our unique approach to integrating social equity into climate finance. From pioneering frameworks that align social KPIs with green goals to case studies like the AGRI3 Fund and the Scottish National Investment Bank’s renewable energy training program, our article spans sectors and geographies to deliver solutions that matter. With tailored climate and sustainability services for financial institutions, public sector leaders, and impact-driven organizations, we’re ready to partner with clients to drive meaningful, lasting change. 🌱 Discover how BCG’s capabilities can support your sustainability goals. Read the article today: https://lnkd.in/d4ne-P9F #JustTransition #SustainableFinance

Funding the required "green transition" will be a challenge for the next decade and beyond ... but not only in terms of raising sufficient funding. How can we make the green transition not only possible but equitable? As climate action scales globally, the public and private sector alike must ensure that sustainability strategies are both environmentally and socially impactful. Our new article, “Financing the ‘Just’ in Just Transition,” showcases our unique approach to integrating social equity into climate finance. From pioneering frameworks that align social KPIs with green goals to case studies like the AGRI3 Fund and the Scottish National Investment Bank’s renewable energy training program, our article spans sectors and geographies to deliver solutions that matter. With tailored climate and sustainability services for financial institutions, public sector leaders, and impact-driven organizations, we’re ready to partner with clients to drive meaningful, lasting change. 🌱 Discover how BCG’s capabilities can support your sustainability goals. Read the article today: https://lnkd.in/exK4_YJe #JustTransition #SustainableFinance