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Climate Change and the Financial Services Industry – Module Two "A Blueprint for Action"

Innovest

The second phase report (Module 2, "A Blueprint For Action") examines in detail the possible future role of the finance sector in dealing with climate change, the prevailing attitudes of financial services companies in responding to the issue, the various barriers to action and the kinds of activities currently being implemented. In this report, the authors present the findings of a more detailed examination of the possible future role of
the finance sector in dealing with climate change, the prevailing attitudes of financial services companies in responding to the issue and the kinds of commercially-oriented adaptation and mitigation activities currently being implemented in response. The report identifies the key cognitive, political, analytical and market-related barriers to action, and provides practical recommendations to both policymakers and financial services providers on overcoming these barriers.

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