CERAF

Lead Research Organisation: University of Oxford
Department Name: Smith School of Enterprise and the Env

Abstract

Climate and environmental (CE) risks (CER) to our economy and society are accelerating. CER include climate-related physical risks such as floods, storms, or changing growing seasons; climate-related transition risks such as carbon pricing and climate litigation; and environmental risks such as biodiversity loss.

It is now well accepted that CER can impact asset values across multiple sectors and pose a threat to the solvency of financial institutions (FIs). This can cause cascading effects with the potential to undermine financial stability.

The adoption of CER analytics will ensure that CE risks can be properly measured, priced, and managed by individual FIs and across the financial system. This is also a necessary condition to ensure that capital is allocated by FIs towards technologies, infrastructure, and business models that lower CER, which are also those required to deliver the net zero carbon transition, climate resilience, and sustainable development. These twin tracks - greening finance and financing green - are both enabled by CER analytics being appropriately used by FIs.

The UK is a world-leader in Green Finance (GF). UK FIs have played a key role in GF innovation. Yet, despite these advances and leadership in almost every aspect of GF, UK FIs cannot secure the data and analytics needed to properly measure and manage their exposures to CER. While the last decade has seen the exponential growth of CE data, as well as improved analytics and methods, often produced by world-leading UK science, the vast majority of this has not found its way into FI decision-making. Our vision for CERAF is to establish a new national centre to resolve this disconnect.

CERAF aims to enable a step-change in the provision and accessibility of data, analytics, and guidance and accelerate the integration of CER into products and decisions by FIs to manage CER risks and drive efficient and sustainable investment decisions, thereby delivering the following impacts:
- Enhance the solvency of individual FIs in the UK and globally and so contribute to the resilience of the global financial system as a whole for all, as well the efficient pricing and reallocation of capital away from assets at risk to those that are more resilient.
- Underpin the development and the growth of UK GF-related products and services.
- Enable a vibrant ecosystem of UK enterprises providing CER analytics and realise the opportunity for UK plc of being a world-leader in the creation and provision of CER services.

Our vision is that CERAF will be the nucleus of a new national centre established to deliver world-leading research, information, and innovation to systematically accelerate the adoption and use of CER data and analytics by FIs and to unlock opportunities for the UK to lead internationally in delivering CER services to support advancements in greening finance and financing green globally

It aims to overcome the following barriers: 1) Making existing data on hazards, vulnerabilities, and exposures more accessible and useable for FIs, with clearly communicated confidence and with analytics that does not yet exist being secured; 2) Consistency and standards to reduce fragmentation, facilitate innovative products and enable the efficient flow and use of data; 3) Assurance and suitability are needed to understand which CER analytics are best suited for particular uses and provide transparency into underlying data and methodologies, so that CER analytics can be trusted and used; 4) Unlocking innovation through supporting FIs to test new approaches in a lower-risk way; and 5) Building capability, knowledge, and skills within FIs to analyse and interpret CER data. Resolving these barriers is a necessary condition for repricing capital and avoiding its misallocation, and achieving the UK's ambitions on GF.
 
Description CGFI was established with a mission to accelerate the adoption and use of climate and environmental data and analytics internationally. We pursue this goal and generate impact through three broad areas of work: frameworks, standards and policy engagement; data, analytics and translational research; and innovation and ecosystem development, Regarding frameworks, standards and policy engagement, the UK Government's Green Finance Strategy (2023) notably features CGFI in its content on Data and Analytics, highlighting our applied research; open tools and datasets; provision of expertise to industry and policymakers; support for commercial innovation; and role in connecting wider UK science and innovation with financial institutions. A key route for policy engagement is via our Secretariat function for the Transition Plan Taskforce (TPT). The TPT has produced a step change in transition planning practices in the UK, and helped drive global momentum behind the concept of transition planning. After two years of engagement with industry, the TPT released its trailblazing Disclosure Framework for credible and robust private sector transition plans in late 2023. The Framework will support businesses in the UK and globally to develop and use transition plans, enabling their transition towards net zero. A complementary Sector Summary supports preparers and users to navigate transition plans across the economy. This work has influenced the development of UK strategy and regulation around transition plans. In the 2023 Green Finance Strategy, the UK government committed to consult on introducing requirements for the UK's largest companies to disclose their transition plans if they have them. The Financial Conduct Authority (FCA) has also signalled its intention to consult on strengthening requirements for transition plan disclosures in line with the TPT Disclosure Framework, alongside its consultation on implementing UK-endorsed ISSB Standards. The TPT's success has seen its mandate extended to conduct the Transition Finance Market Review in 2024, In addition to our work in the TPT, we have worked with central banks, regulators and financial institutions via the CFRF to gather and synthesise the lessons from the process of the Bank of England's Climate Biennial Exploratory Scenario (CBES). Our recommendations, part of four CGFI research reports released in 2023, will inform the development of future data, metrics and scenarios to better support financial institutions, central banks and supervisors in their scenario analysis and stress testing work, and inform the design of future scenario and stress testing exercises internationally to maximise impact. Further to this work, CGFI researchers have delivered training for the Bank of Thailand to upskill and build capacity around scenario analysis. This also complements our ongoing work to develop frameworks for sectoral data quality and climate scenario use by financial institutions. CGFI's data, analytics and translational research tackles physical and transition-related financial risks. Our research has evolved to meet emerging priorities, including adding an additional flagship on physical risks to pension fund assets. Our wind/flood research has originated a new flood severity index and a demonstrator visualiser tool which has been used within insurance brokerage to demonstrate the relevance of compound wind/flood risks to practitioners. Our physical climate risks to infrastructure research has driven the creation of a global-scale risk viewer within the multi-partner Global Resilience Index Initiative, later the Resilient Planet Data Hub (RPDH). This project has engaged CGFI with the UNDRR, partners in the insurance industry and data partners to produce a public, open tool which includes data from CGFI tropical cyclone IRIS project and the Spatial Finance Initiative. RPDH use cases (identified and developed by CGFI and partners) include mobilising investments into resilient infrastructure, and supporting scenario analysis and understanding sovereign risk, and also extend to humanitarian and disaster risk applications. The Hub and the tool have been shared with a global audience at COP26, 27 and 28. Our transition risk and transition finance research is part of the basis for a new Transition Finance Centre of Excellence in partnership with the University of Oxford and Banco Santander, which was announced in the UK Government's Green Finance Strategy 2023. The Centre will play a leading role in defining aspects of transition finance such as best practice sectoral transition plans and developing new capabilities for practitioners. We have also developed impactful projects with industry, for example, working with Barclays to decarbonise their UK agriculture portfolio. Our Spatial Finance Initiative has produced six open datasets for high-emissions sectors, which are now being used by researchers, the public and private sector globally. Users report accessing the data to enable their research; understand climate-financial risks to assets; and develop ratings; and more. SFI is planning work to explore uses and impacts of these datasets. The team originated and popularised "spatial finance" both as a new research area within academia, and increasingly as an area of practice in industry that engages stakeholders across the financial, geospatial, machine learning and space sectors. Our engagement activities promote impact by sharing best practice and the research insights within and across industries. This includes, for example, a series of events with partners in insurance and the Royal Meteorological Society, where CGFI has convened stakeholders from research and industry to explore key emerging climate risks and identify research and industry responses. Our Annual Forum has also served to engage widely with leaders in green finance policy, research and industry. We have attracted attendees from across Government, industry, research and civil society, and high-profile speakers from HM Treasury, the Environment Agency, TNFD and more. This has helped raise the profile of CGFI with these audiences, while also enabling us to showcase NERC-funded research both from the consortium and other Greening Finance portfolio projects. Finally, regarding our innovation and commercialisation activities, CGFI has established two Innovation Hubs in London and Leeds. These serve as platforms to connect wider UK science and innovation with financial institutions, focusing on climate and environmental analytics. We are supporting new entrants in climate/environmental data and analytics, including two businesses in Imperial College's Greenhouse accelerator, and the winners of our 2023 Data Analytics Prize. The Hubs are also undertaking activities to develop the next generation of financial climate risk analysts via the Data Analytics Prize for students' climate and environmental data solutions; and via a developing internship programme based in our Leeds Hub. In summary, CGFI's work to accelerate the adoption and use of climate and environmental data and analytics is broad, ambitious and influential. Our collaborative and holistic approach is helping tackle challenges of siloed knowledge and practice in the green finance space. By connecting researchers, policymakers, innovators and practitioners via a single initiative, CGFI is building research-based, cross-sector consensus and momentum toward climate/environmental data and analytics use by financial institutions.
First Year Of Impact 2022
Sector Financial Services, and Management Consultancy,Government, Democracy and Justice
Impact Types Economic

Policy & public services

 
Description CGFI to run secretariat of HMG Transition Plan Taskforce
Geographic Reach National 
Policy Influence Type Membership of a guideline committee
URL https://www.gov.uk/government/publications/fact-sheet-net-zero-aligned-financial-centre/fact-sheet-n...
 
Description Citation in Department for Work and Pensions consultation: Climate and investment reporting: setting expectations and empowering savers
Geographic Reach National 
Policy Influence Type Citation in other policy documents
URL https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1028...
 
Description Citation in the UK Green Finance Strategy (2023)
Geographic Reach National 
Policy Influence Type Citation in other policy documents
URL https://www.gov.uk/government/publications/green-finance-strategy/mobilising-green-investment-2023-g...
 
Description Citation in the UK Net Zero Strategy
Geographic Reach National 
Policy Influence Type Citation in other policy documents
URL https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1033...
 
Description Expert Advisory Group: Nicola Ranger joins Pool Re Systemic Risk Advisory Group
Geographic Reach National 
Policy Influence Type Participation in a guidance/advisory committee
URL https://www.reinsurancene.ws/pool-re-sets-up-systemic-risks-advisory-group/
 
Description Membership of HMT Green Technical Advisory Group (GTAG)
Geographic Reach National 
Policy Influence Type Participation in a guidance/advisory committee
URL https://www.gov.uk/government/publications/independent-expert-group-appointed-to-advise-government-o...
 
Description Multiple strong references to TPT in Chris Skidmore's Independent Review of Net Zero
Geographic Reach National 
Policy Influence Type Citation in systematic reviews
Impact The report recommendations changes to UK regulation (the Companies Act) on transition plans and for this to draw on the TPT's work.
URL https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1128...
 
Description Reference to TPT in FCA Primary Market Bulleton
Geographic Reach National 
Policy Influence Type Citation in other policy documents
Impact FCA explicitly says it will draw on the TPT when updating future regulation, and encourages firms to use TPT to create transition plans
URL https://www.fca.org.uk/publications/newsletters/primary-market-bulletin-42#lf-chapter-id-about-this-...
 
Description UK PUBLIC FINANCIAL INSTITUTIONS AWAY DAY ON SUSTAINABLE FINANCE RESEARCH AND INNOVATION
Geographic Reach National 
Policy Influence Type Influenced training of practitioners or researchers
URL https://www.cgfi.ac.uk/2022/10/uk-public-financial-institutions-away-day-on-sustainable-finance-rese...
 
Description Updating HMG government departments on latest developments in key green finance areas to support HMG Green Finance Strategy
Geographic Reach National 
Policy Influence Type Influenced training of practitioners or researchers
 
Description Agri-Climate partnership
Amount £940,000 (GBP)
Organisation Barclays 
Sector Private
Country United Kingdom
Start 06/2022 
End 06/2025
 
Description GreenSpace
Amount £483,000 (GBP)
Organisation UK Space Agency 
Sector Public
Country United Kingdom
Start 02/2023 
End 01/2025
 
Description Integrating Nature-Climate Scenarios & Analytics for Financial Decision-Making (INCAF)
Amount £45,927 (GBP)
Funding ID NE/X016358/1 
Organisation Natural Environment Research Council 
Sector Public
Country United Kingdom
Start 01/2023 
End 03/2024
 
Description Integrating Nature-Climate Scenarios & Analytics for Financial Decision-Making (INCAF)
Amount £114,280 (GBP)
Funding ID NE/X016390/1 
Organisation Natural Environment Research Council 
Sector Public
Country United Kingdom
Start 01/2023 
End 03/2024
 
Description New Capital Consensus
Amount £98,000 (GBP)
Organisation Baillie Gifford 
Sector Private
Country United Kingdom
Start 06/2023 
End 12/2024
 
Description Secondment Christophe Christiaen
Amount £38,007 (GBP)
Organisation National Employment Savings Trust 
Sector Public
Country United Kingdom
Start 08/2023 
End 03/2024
 
Description Top up funding to support bank of england with climate biennial exploratory scenario exercise
Amount £150,000 (GBP)
Funding ID Top up funding to support bank of england with climate biennial exploratory scenario exercise 
Organisation Natural Environment Research Council 
Sector Public
Country United Kingdom
Start 09/2021 
End 06/2022
 
Description Turing 2.0: Open Asset-level Biodiversity impact Metrics for Sustainable Finance
Amount £137,853 (GBP)
Organisation Engineering and Physical Sciences Research Council (EPSRC) 
Sector Public
Country United Kingdom
Start 09/2021 
End 06/2022
 
Title Adaptation and Resilience Metrics 
Description A collation of existing climate change adaptation and resilience metrics. The collection of metrics were classified by the authors according to their "format", "principle", and "component". The metrics were released with a technical note "Aligning Finance with Adaptation and Resilience Goals - Targets and Metrics for Financial Institutions". 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
Impact >50 downloads with users reporting a range of purposes/applications across private and public sectors. 
URL https://www.cgfi.ac.uk/adaptation-and-resilience-metrics/
 
Title Climate Risk Product Providers Database 
Description CGFI maintains the CFRF list of climate risk product providers, a collection of currently available climate risk data, tools and products for financial institutions. We generated an update in December 2022. 
Type Of Material Database/Collection of data 
Year Produced 2022 
Provided To Others? Yes  
Impact Better access to climate risk data and solutions for financial institutions. 
URL https://the-iea.github.io/cgfi-product-catalogue/
 
Title Data to support the publication "Unknown risk: assessing refugee camp flood risk in Ethiopia" 
Description This dataset supports the publication "Unknown risk: assessing refugee camp flood risk in Ethiopia". This dataset contains the delineated boundaries for 24 refugee camps in Ethiopia. Also included are refugee camp building footprint data (where available). All datasets are in shapefile format. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
URL https://zenodo.org/record/7956971
 
Title GLOBAL RESILIENCE INDEX INITIATIVE - G-SRAT TOOL 
Description Open, consistent global physical climate risk data 
Type Of Material Database/Collection of data 
Year Produced 2022 
Provided To Others? Yes  
Impact Increased focus on adaptation finance 
URL http://globalresilienceindex.org
 
Title Historical and modelled renewable energy production for India 
Description This archive contains all the datasets produced for the paper "Quantifying renewable energy potential and realised capacity in India: opportunities and challenges". Improved metadata to follow shortly. Data Description Figure/Table File Name Dates Valid ------------------------------------------------------------------------------------------------------------ Installed capacity by type Table 1 installed-by-state-oct2022.csv Oct 2022 in each state All-India installed capacity Figure 2 tabulated-installed-by-date.csv 2017-2023 by type Hourly wind capacity factor Figure 4 wind capacity factor.zip 1979-2022 Hourly solar capacity factor Figure 6 solar capacity factor.zip 1979-2022 Present-day installation locations Figure 11 OSM [hydropower,wind turbine,solar] Mar 2022 installations.geojson Gridded 1?×1? estimate of Figure 12a/13a CEA 1x1 gridded installed [wind,solar] cap.nc May 2021 installed wind/solar capacity Gridded 1?×1? estimate of Figure 12b TWP 1x1 gridded installed wind cap.nc May 2021 installed wind Gridded 1?×1? estimate of Figure 13b K21 1x1 gridded installed solar cap.nc Sep 2018 installed solar Reported daily wind/solar/hydro Figure 14/S3 POSOCO reported [wind,solar,hydro] MU daily.csv 2012-2023 production Modelled 'historical' production Figure 14/16/S4a/b modelled-historical-[daily,hourly]- 1979-2022 renewable output.nc Recommended locations for new Figure 17 areas-for-exploration.nc - wind/solar installations 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
URL https://zenodo.org/record/7824871
 
Title Spatial Finance Initiative - Beef Abattoir Database (Top 5 Meatpackers) 
Description The Spatial Finance Initiative Beef Abattoir Database (Top 5 Meatpackers) provides information about the beef abattoirs owned by the 5 largest international meatpackers, that are operational today. The database contains 119 abattoir or slaughterhouse facilities that produce beef, with exact geolocation and information about ownership, operating capacity, facility and production type. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
Impact The database has been downloaded over 120 times and is being used across numerous applications, use cases and research projects. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/beef-abattoirs/
 
Title Spatial Finance Initiative - Pulp and Paper Mill Database for Latin America 
Description The Spatial Finance Initiative Pulp and Paper Mill Database for Latin America provides information on pulp and paper mill facilities in Latin America. The database contains 333 facilities with exact geolocation and provides information about ownership, capacity and production type where available. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
Impact The database has been downloaded over 130 times and is being used across numerous applications, use cases and research projects. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/pulp-and-paper-mill-database-for-...
 
Title Spatial Finance Initiative - Global Database of Cement Production Assets 
Description The Global Database of Cement Production Assets provides information on global cement production plants that are operational today. The database contains 3,117 cement plants with exact geolocation and provides information about ownership, production type, plant type, capacity and production start year where available. Cement is an essential material used in construction all around the world, but cement production processes are highly emissions intensive, accounting for more than 5% of anthropogenic CO2 emissions[1]. The process consists of three steps: the mixing of limestone with other materials; the heating of the limestone mixture to produce clinker and the grinding of clinker with different ingredients to produce cement. The grinding process can happen in integrated facilities where the clinker is also produced or in independent grinding facilities closer to its end market. While the bulk of greenhouse gas emissions associated with cement production stem from clinker production and integrated facilities, the database covers both integrated as well as independent grinding facilities. The Global Database of Cement Production Assets can be used by others and is available under a CC BY 4.0 license. The suggested citation is: "McCarten, M., Bayaraa, M., Caldecott, B., Christiaen, C., Foster, P., Hickey, C., Kampmann, D., Layman, C., Rossi, C., Scott, K., Tang, K., Tkachenko, N., and Yoken, D. 2021. Global Database of Cement Production Assets. Spatial Finance Initiative" 
Type Of Material Database/Collection of data 
Year Produced 2021 
Provided To Others? Yes  
Impact The database has been downloaded over 870 times and is being used across numerous applications, use cases and research projects across both the private and public sector. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/cement/
 
Title Spatial Finance Initiative - Global Database of Iron and Steel Production Assets 
Description The Global Database of Iron and Steel Production Assets provides information on global iron and steel production plants that are operational today. The database contains 1,598 production plants with exact geolocation and provides information about ownership, production type, plant type, capacity and production start year where available. Iron and steel production is one of the most energy-intensive industries in the world and accounts for approximately 6.7% of global CO2 emissions [2]. Crude steel is either produced from primary materials such as iron ore, or from secondary materials such as recycled steel scrap. Primary steel production processes (blast furnace, basic oxygen furnace or open-hearth furnaces), typically use coal as an energy source and take place in large integrated facilities. Whereas secondary steel production processes (electric arc furnaces) typically use electricity as an energy source and take place in so called 'mini-mills'. The database captures a wide range of assets across the steel production process, including the procurement and processing of raw materials (in particular coking and pelletisation plants), the production of crude steel (integrated plants and mini-mills) and the production of finished steel products (downstream plants). 
Type Of Material Database/Collection of data 
Year Produced 2021 
Provided To Others? Yes  
Impact The database has been downloaded over 700 times and is being used across numerous applications, use cases and research projects across both the private and public sector. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/iron-and-steel/
 
Title Spatial Finance Initiative - Municipal Wastewater Treatment Plant Database for Europe 
Description The Spatial Finance Initiative Municipal Wastewater Treatment Plant Database for Europe provides information on municipal wastewater treatment plants in Europe with a capacity of at least 100,000 population equivalent. The database contains 1,490 facilities with exact geolocation and provides information about ownership, capacity and plant type where available. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
Impact The database has been downloaded over 100 times and is being used across numerous applications, use cases and research projects. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/wastewater/
 
Title Spatial Finance Initiative - Petrochemicals Database For Europe and North America 
Description The Spatial Finance Initiative Petrochemicals Database for Europe and North America provides information on production facilities of base chemicals (Ammonia, Benzene, Butadiene, Ethylene, Methanol, Propylene, Toulene/Xylene) in Europe and North America. The database contains 295 facilities with exact geolocation and provides information about ownership, capacity and production type where available. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
Impact The database has been downloaded over 130 times and is being used across numerous applications, use cases and research projects across both the private and public sector. 
URL https://www.cgfi.ac.uk/spatial-finance-initiative/geoasset-project/petrochemicals/
 
Title UKCP Local Bristol Flood Inundation Maps 
Description Flood inundation maps associated with the paper titled: Archer, et al., (2023) Future change in urban flooding using new convection-permitting climate projections, Water Resources Research. This dataset is licensed under a Creative Commons "CC BY-NC 4.0" license. 
Type Of Material Database/Collection of data 
Year Produced 2023 
Provided To Others? Yes  
URL https://data.bris.ac.uk/data/dataset/oi5ulzw67tib2cgvb0h3umvgy/
 
Title Wind/Flood Risk Correlation Explorer 
Description The Wind/Flood Risk Correlation Explorer demonstrator tool displays correlations for wind gust vs precipitation or river flow, as well as correlations between the team's new Flood Severity and Storm Severity indices. 
Type Of Material Computer model/algorithm 
Year Produced 2023 
Provided To Others? Yes  
Impact Outputs have included a new Flood Severity Index (FSI), which can be used to help insurers understand compounding risks, and a demonstrator tool which shows multiple correlations between wind and flood hazards in Europe across multiple timescales. The team are also developing a simple model to estimate insurance property losses from European Windstorms. The team also works directly with financial institutions and industry stakeholders, including participation in workshops and collaboration with insurers/reinsurers, mortgage providers and risk/catastrophe modellers. 
URL https://www.cgfi.ac.uk/physical-risk/wind-and-flood/
 
Description Bank of England 
Organisation Bank of England
Country United Kingdom 
Sector Private 
PI Contribution RESEARCH ON TRANSITION SCENARIOS RESEARCH ON NATURE RELATED RISKS
Collaborator Contribution TECHNICAL EXPERTISE IMPACT CHANNEL
Impact CGFI WORKING PAPER ON TRANSITION SCENARIOS
Start Year 2022
 
Description Climate Financial Risk Forum 
Organisation Bank of England
Country United Kingdom 
Sector Private 
PI Contribution CBES Learning Exercise. Hosting CFRF scenarios tool and video content. Development of CFRF database
Collaborator Contribution Collaboration on CBES learning, including advice, contents, use of facilities for workshops, running survey platform, reviews etc. Development of CFRF tool, content and database
Impact CBES LEARNING REPORTS CFRF SCENARIO TOOL, DATABASE AND VIDEO
Start Year 2022
 
Description Establishment of the Green Finance Innovation Network 
Organisation Leeds City Council
Country United Kingdom 
Sector Public 
PI Contribution The Green Finance Innovation Network is a new national network, hosted at the University of Leeds and funded by Leeds City Council that will work in partnership with the UK Centre for Greening Finance & Investment (CGFI), and will help connect and support businesses across the country that are seeking to provide climate and environmental analytics into financial services. The network will organise networking events, challenge competitions and signpost members to relevant funding and support opportunities. It will also disseminate best practice, research insights and open datasets from the CGFI and the broader UK scientific community. The network will be run from the University of Leeds. CGFI is also heavily associated with/located in the core institutions, hubs, and flagships, and the Green Finance Innovation Network will provide a mechanism so that we can engage more widely to reach out to people and businesses active in CEA across the country. As well as connect the dots between existing support mechanisms and innovation stakeholders (e.g. Innovate Finance, Geovation, Satellite Applications Catapult regional network). The overall rationale is for the Green Finance Innovation Network to become a complementary mechanism to CGFI, that has analytics businesses as its primary audience. While CGFI will act as the national center of excellence promoting best practice, the Green Finance Innovation Network will enable us to connect with analytics businesses across the country of all sizes and stages of their evolution, as well as connect with other innovation stakeholders. Being part of the Green Finance Innovation Network will be more oriented to new and existing businesses that are/could provide CEA into financial services, and will provide the network with resources and support, both from within and outside of CGFI, to develop products and services tailored to financial sector customer base. The launch of the Network connected with over 70 distinct businesses and organisations from across the country and provided one-to-many mentoring on: Product fit for institutional investment; Climate and environmental data and analytics; and Business development.
Collaborator Contribution Leeds City Council pump-prime funding for the network and the launch event.
Impact Initial outcome is to have created the first steps in a wider network that extends beyond CGFI.
Start Year 2022
 
Description European Space Agency 
Organisation European Space Agency
Country France 
Sector Public 
PI Contribution This new partnership will combine ESA's technical, commercial and financial support around space solutions with CGFI's expertise in green finance and climate science, helping organisations manage climate risks and improve their environmental impact to facilitate growth in the sector. Incorporating expert advice resulting from this new partnership, ESA is preparing a new dedicated funding opportunity aimed at companies with promising business ideas for products and services tailored to green finance. Further details can be found under the ESA Space Solutions webpage "Finance for a Green Transition".
Collaborator Contribution The European Space Agency (ESA) have announced a partnership with the UK Centre for Greening Finance and Investment (CGFI). Created under ESA Space Solutions, the partnership is part of ESA's "Finance for a green transition" initiative and will accelerate the uptake of green space-based solutions to support the financial sector with the green transition. ESA has established this long-term collaboration with CGFI to promote the development of new space-enabled commercial services for the financial services sector, providing support to financial, climate and environmental analytics providers across Europe. Ultimately these solutions will help financial institutions understand and mitigate the financial implications of the transition to a net-zero, nature-positive economy, while helping companies and projects attract investment as part of green transition initiatives.
Impact Funding call launched by ESA dedicated to green finance: https://business.esa.int/funding/intended-tender/finance-for-green-transition
Start Year 2022
 
Description Global Resilience Index Initiative 
Organisation Global Earthquake Model Foundation
Country Italy 
Sector Charity/Non Profit 
PI Contribution Research teams at the University of Oxford have contributed datasets and researchers to develop global infrastructure risk models
Collaborator Contribution The Global Resilience Index Initiative (GRII) was formed in late 2020 at the request of Mark Carney, UN Special Envoy on Climate Action and Finance to the Insurance Development Forum (IDF) to step forward and help enable open access reference information for climate risk measurement and disclosure and to support the growth of resilient economies and societies. GRII preparation was led by a task force of six organisations convened by the IDF under the Special Envoy's mandate: the Coalition for Climate Resilient Investment; Coalition for Disaster Resilient Infrastructure; GEM Foundation; UK Centre for Greening Finance and Investment and the United Nations Office for Disaster Risk Reduction. The GRII now embraces a growing coalition of supporting organisations. Based upon common standards, the GRII will support and link worldwide groups working on climate resilience including the humanitarian sector, infrastructure investment, disaster risk insurance, financial regulation and disclosure. During 2022 technical and institutional preparations will continue. By CoP27 it is intended that operational services will commence and the longer- term institutional setting for the GRII will be established.
Impact Based upon common standards, the GRII will support and link worldwide groups working on climate resilience including the humanitarian sector, infrastructure investment, disaster risk insurance, financial regulation and disclosure. During 2022 technical and institutional preparations will continue. By CoP27 it is intended that operational services will commence and the longer- term institutional setting for the GRII will be established. To date two demonstrators have been developed, which were launched at COP26. Global infrastructure risk analytics prototype: https://www.cgfi.ac.uk/gri-demo/ Southeast Asia Infrastructure Risk Prototype: https://seasia.infrastructureresilience.org/
Start Year 2021
 
Description Transition Plan Taskforce 
Organisation Aviva
Country United Kingdom 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation Bank of England
Country United Kingdom 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation Financial Conduct Authority (FCA)
Country United Kingdom 
Sector Public 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation HM Treasury
Country United Kingdom 
Sector Public 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation Legal and General Group
Country United Kingdom 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation National Employment Savings Trust
Country United Kingdom 
Sector Public 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation The Institute of Chartered Accountants in England and Wales
Country United Kingdom 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation Unilever
Country United Kingdom 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation World Wide Fund for Nature (WWF UK)
Country United Kingdom 
Sector Charity/Non Profit 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Description Transition Plan Taskforce 
Organisation Ørsted
Country Denmark 
Sector Private 
PI Contribution The Transition Plan Taskforce (TPT) is a co industry-Government policy initiative to determine best practice for private sector transition plans. It has a mandate from HM Treasury. CGFI provides the secretariat for the TPT alongside climate think tank E3G. The Secretariat draws on research and activities of the CGFI community.
Collaborator Contribution The partners listed are members of the TPT Steering Group. These organisations alongside others from across the UK economy form the Delivery Group and a number of Working Groups. Delivery Group members can be seen on the TPT website: https://transitiontaskforce.net/people/
Impact The TPT has released 4 consultation documents to receive feedback from the UK and internationally on what the gold standard for private sector transition plans should look like. The TPT is now entering a second phase, where it will finalise the Disclosure Framework, Implementation Guidance and publish sector-specific transition plan guidance. It has also launched a Sandbox which is now being expanded to facilitate innovations related to transition plans. It has launched new working groups on 3 sectors, and on nature, adaptation and just transition. It is scoping further work. It is also engaging significantly with other countries to determine applicability in other markets. It will inform future regulation in the UK and fundamentally inform the way business and financial institutions consider how they contribute to and prepare for the global transition.
Start Year 2022
 
Title LISFLOOD-FP 8.1 hydrodynamic model 
Description LISFLOOD-FP [1] is a two-dimensional hydrodynamic model specifically designed to simulate floodplain inundation in a computationally efficient manner over complex topography. Visit the LISFLOOD-FP8.0 webpage [2] for additional documentation, step-by-step instructions and video-tutorials on how to set-up and run the software for a series of case studies. [1] http://www.bristol.ac.uk/geography/research/hydrology/models/lisflood/ [2] https://www.seamlesswave.com/LISFLOOD8.0 
Type Of Technology Software 
Year Produced 2022 
Open Source License? Yes  
URL https://zenodo.org/record/4073010
 
Title LISFLOOD-FP v7.1 hydrodynamic model 
Description LISFLOOD-FP is a two-dimensional hydrodynamic model specifically designed to simulate floodplain inundation in a computationally efficient manner over complex topography. Visit the LISFLOOD-FP homepage for more information. 
Type Of Technology Software 
Year Produced 2020 
URL https://zenodo.org/record/4268655
 
Description 10th Annual Cape Town Convention Academic Project Conference 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group at the University of Oxford and Director of the UK Centre for Greening Finance & Investment, gave a lecture at the 10th Annual Cape Town Convention Academic Project Conference at Robinson College, University of Cambridge.

The Conference was organised by the Cape Town Convention Academic Project, which is a partnership between UNIDROIT and the University of Cambridge Faculty of Law, under the auspices of the Centre for Corporate and Commercial Law (3CL), and organised by Professor Louise Gullifer (Cambridge University).

Dr Ben Caldecott spoke on the global impact of the convention in relation to ESG issues.

Sponsored by the Aviation Working Group, the conference was attended by around 150 people with many people participating online from all over the world, as well as a good number of people attending in person.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/09/10th-annual-cape-town-convention-academic-project-conference/
 
Description APAC Sustainable Finance Conference 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group at the University of Oxford and Director of the UK Centre for Greening Finance & Investment, joined a panel at the APAC Sustainable Finance Conference to discuss: A practical toolkit to navigate the climate transition.

He was joined by Sean Kidney, CEO of Climate Bonds Initiative and John Lee, Vice Chairman of Head Greater China Global Banking UBS Investment Bank.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/07/apac-sustainable-finance-conference-2021-together-a-force-for-success...
 
Description Aligning finance with climate-resilient development @ EIB-Benelux Pavillion at COP26 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact COP26 event chaired by Nicola Ranger
Achieving climate-resilient economies and societies will not only require increasing the billions of financial flows for adaptation, but also to drive the trillions of public and private financial flows and investment away from potentially mal-adapted activities towards those that contribute to climate-resilient economies and societies. There is a need to align finance with adaptation and resilience goals. This event brings together leading experts to discuss what would be needed to accelerate progress towards Article 2.1c's goal of making finance flows consistent with climate-resilient development.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/10/cgfi-events-at-cop26/
 
Description Aon Research Day 09.02.23 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Presenting CGFI at Aon's research day to Aon colleagues and their clients.
Year(s) Of Engagement Activity 2023
 
Description Appointed to Transdisciplinary Advisory Board for European Joint Programming Initiative "Connecting Climate Knowledge for Europe" (JPI Climate) 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact The Transdisciplinary Advisory Board (TAB) consists of national and international members from academia and from relevant stakeholder groups. It advises the Governing Board on specific issues upon request. This overall Advisory Board is an important instrument to involve relevant stakeholder groups.
Year(s) Of Engagement Activity 2023
URL https://jpi-climate.eu/governance/#transdisciplinary-advisory-board
 
Description BISIN workshop on harnessing technolgy for a sustainable economy 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact Full day closed-door workshop on "Harnessing Technology for a Sustainable Economy" with various international financial regulators and central banks.
Organized by Banco de España, BIS Innovation Hub, and Eurosystem Climate Change Forum (ECCF)
Madrid, 27 November 2023
Christophe Christiaen presented work on spatial finance and climate and environmental analytics from CGFI
Year(s) Of Engagement Activity 2023
 
Description BLOG: GREEN FINTECH FOR GREEN FINANCE: TURNING THEORY INTO PRACTICE 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Blog to share our ambitions to support meaningul innovations that can help finance become more sustainable.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/11/green-fintech-for-green-finance-turning-theory-into-practice/
 
Description Blog Smith School of Enterprise and the Environment website 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Other audiences
Results and Impact Blog "A sectoral approach to tackling sustainability data quality and integrity in sustainable finance"
Year(s) Of Engagement Activity 2022
URL https://www.smithschool.ox.ac.uk/news/sectoral-approach-tackling-sustainability-data-quality-and-int...
 
Description Blog- Climate change: Damage from increasingly intense storms shows why cutting carbon emissions is imperative 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Public/other audiences
Results and Impact A blog in The Scotsman
Year(s) Of Engagement Activity 2022
URL https://www.scotsman.com/news/opinion/columnists/climate-change-damage-from-increasingly-intense-sto...
 
Description Blog: A SECTORAL APPROACH TO TACKLING SUSTAINABILITY DATA QUALITY AND INTEGRITY IN SUSTAINABLE FINANCE 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Blog to introduce our work on sectoral data quality and integrity
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/05/a-sectoral-approach-to-tackling-sustainability-data-quality-and-integ...
 
Description Blog: Learning from COVID-19 and climate change: Managing the financial risks of compound shocks 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact The COVID-19 pandemic has dealt with the most severe blow to the global economy since 1929, with devastating, long-lasting effects on government balance sheets, according to a blog for World Bank Blogs.

While the impact of the pandemic has been unprecedented in scale and type, the systemic crises stemming from it are likely to happen more often in our modern, interconnected world. COVID-19 reminds us that shocks can cascade and compound in complex ways, with broad fiscal, economic, financial and social implications.

Understanding this trend is especially important considering the looming threat of climate change. In a recent report, the World Meteorological Organization reminded us of the "relentless" intensification of the climate crisis, with a record-breaking number and intensity of extreme weather events in 2020, along with the compound climate, health, and economic crises experienced in many countries.
Year(s) Of Engagement Activity 2021
URL https://blogs.worldbank.org/climatechange/learning-covid-19-and-climate-change-managing-financial-ri...
 
Description CBES LEARNING WORKSHOPS AND CONSULTATIONS WITH FINANCIAL INSTITUTIONS (MULTIPLE) 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact WORKSHOPS AND CONSULTATIONS TO DERIVE LESSONS FROM UK CBES TO INFORM STRESS TESTING, DATA AND ANALYTICS NEEDS ETC
Year(s) Of Engagement Activity 2022,2023
URL http://www.cgfi.ac.uk
 
Description CGFI - UK CEH visit and exploratory workshop 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Other audiences
Results and Impact Workshop to explore collaboration through application of UKCEH data, tools and Capabilities to CGFI initiatives
Year(s) Of Engagement Activity 2022
URL https://www.ceh.ac.uk/
 
Description CGFI Annual Forum 2022 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Policymakers/politicians
Results and Impact On Monday 4th July 2022, the UK Centre for Greening Finance and Investment (CGFI) organised its first Annual Forum, focusing on the role of data, analytics and innovation to advance green finance and capture the opportunities for the UK.

The forum brought together experts from industry, government and academia to discuss the role of data for topics such as net zero transition plans, climate resilience and integrating nature-related financial risks and impacts. It also showcased successful applicants from the recent multimillion pound funding competition by Innovate UK focused on piloting innovative solutions that integrate climate and environmental factors into financial services.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/07/5594/
 
Description CGFI Annual Forum 2023 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Policymakers/politicians
Results and Impact The UK Centre for Greening Finance and Investment (CGFI) held its second Annual Forum on Monday 12th of June 2023. The Forum focused on the role of data, analytics and innovation in advancing green finance in the UK and internationally.

40 speakers from industry, government and academia shared perspectives on the future of green finance data and analytics; explored key challenges; and shared their impactful innovations in climate and environmental analytics. Over 200 guests attended from government/policy, finance, data and analytics businesses and academia.

Post-event materials reached >1000 post-event views across Forum pages, and >400 views of recorded Forum sessions.
Year(s) Of Engagement Activity 2023
URL https://www.cgfi.ac.uk/2023/06/cgfi-annual-forum-2023/
 
Description CGFI Asset Owners Group - TCFD Journey/Reporting - Virtual Roundtable 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Roundtable with representatives of UK pension funds to discuss their user requirements, areas of interest and potential collaboration with CGFI work and research.
Year(s) Of Engagement Activity 2022
 
Description CGFI Connect - Insurance and Climate Science: Bringing Together Research and Practice 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact In this CGFI Connect event with the Royal Meteorological Society (RMetS) Insurance Special Interest Group speakers and participants shared challenges, ideas and solutions around the implementation of climate and environmental data and research in insurance.

Attendees from climate science and insurance discussed climate data-related challenges how research can be utilised more effectively by the insurance industry, with examples and contributions from leading industry professionals and academics
Year(s) Of Engagement Activity 2023
URL https://www.cgfi.ac.uk/2023/04/cgfi-connect-insurance-and-climate-science-bringing-together-research...
 
Description CGFI social media 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Use of CGFI Linkedin and Twitter to share CGFI outputs, promote CGFI activities (including events, reports and tools) and raise the profile of researchers and partners.
LInkedin is used as the primary channel to reach professional audience. Following has grown to 3800, with largest followings from financial services, business consulting, higher education, environmental services, and banking. 50% of followers are described as senior or director level. Posts generated over 50k unique impressions March 2023 - March 2024.
Year(s) Of Engagement Activity 2022,2023,2024
URL https://www.linkedin.com/company/cgfi-uk
 
Description CLIMATE-INFORMED STRESS TESTING FOR THE FINANCIAL SECTOR @ COP26 Science Pavillion 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact How can climate-informed stress testing support a more resilience global economy and society?

Hosted by the UK Centre for Greening Finance and Investment and the UK Met Office, with the Bank of England, European Central Bank.

How can financial institutions leverage the best available science to build financial resilience? A conversation convened by the UK, Banco de Mexico, De Nederlandsche Bank, the World Bank and the International Monetary Fund (IMF).
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/10/climate-informed-stress-testing-for-the-financial-sector/
 
Description Capacity Building Programme with Bank of Thailand 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact CGFI partnered with SOAS and a third sector organisation to deliver a 3 day capacity building programme to the Bank of Thailand, supported by UK PACT funding (UK Government)
Year(s) Of Engagement Activity 2023
 
Description Chair, Met Office Hadley Centre Science Review Group 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Policymakers/politicians
Results and Impact The Met Office Hadley Centre (MOHC) Science Review Group (SRG) brings together leading scientists from UK and international academia to carry out an independent review of the climate research carried out by the Met Office Hadley Centre Climate Programme (MOHCCP) to advise its government customers on the quality, robustness and relevance of our science outputs.
Year(s) Of Engagement Activity 2022,2023
URL https://www.metoffice.gov.uk/research/approach/how-met-office-science-is-reviewed
 
Description Climate Financial Risk Forum - Cast studies showcase 
Form Of Engagement Activity Engagement focused website, blog or social media channel
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Professional Practitioners
Results and Impact Hosting of CFRF case studies from the Innovation Working Group, introducing a video series of practical pilots and emerging and active innovation activities across the sector as part of their 2021 report launch.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/cfrf/
 
Description Climate Investment Challenge 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact The Climate Investment Challenge, run by postgrad students at Imperial College Business School and now in its third year, calls on graduate students to develop and describe creative financial solutions and innovations addressing the defining challenge of our time - climate change. This could include identifying untapped climate finance opportunities or developing innovative financial structures or instruments that improve the bankability of climate investments.
There is no single right answer. In the battle against climate change and its impacts, ideas across all sectors, topics, and regions are important!
Prizes:
The winning and runner-up teams will be awarded £10,000 and £5,000 respectively.
Eligibility:
Students enrolled in a postgraduate degree (Masters, MBA, or PhD-level) at the time of the submission. The challenge is open globally to students from all academic backgrounds. Undergraduate students may participate as long as the leader of the group is enrolled in a postgraduate degree. Students will have to form teams of 2 to 6 members.
The Climate Investment Challenge goes through three stages:
In Stage 1, your team will submit a Concept Note of your idea. If your team's submission is selected, you'll move on to the next stage.
In Stage 2 (the Semi-Finals), your team will be invited to develop a detailed slide-pack of your idea. If your team's presentation is selected, you'll be moved on to the final stage.
In Stage 3 (the Finals), your team will pitch your idea in front of a top-tier panel of judges from investment banking, private equity, and impact investing.
Year(s) Of Engagement Activity 2021,2022
URL https://www.climateinvestmentchallenge.org/
 
Description Climate change science, impacts & urgency 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Talk to HSBC's senior global 250 leadership
Year(s) Of Engagement Activity 2021
 
Description Climate change science, impacts & urgency 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Talk to Octopus Energy's global senior leaders team.
Year(s) Of Engagement Activity 2021
 
Description Comment in Bloomberg article 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Media (as a channel to the public)
Results and Impact Comment on "Wall Street Clashes With Green Bankers Fed Up With Oil Agenda" Article in Bloomberg
Year(s) Of Engagement Activity 2023
URL https://www.bloomberg.com/news/articles/2023-02-21/wall-street-clashes-with-green-bankers-fed-up-wit...
 
Description Comment in Financial Times article 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Media (as a channel to the public)
Results and Impact Ben Caldecott commented in the Financial times article "UK competition watchdog to ease rules on climate change action"
Year(s) Of Engagement Activity 2023
URL https://www.ft.com/content/6513ae6f-2347-409c-9be1-eee673d9447f?accessToken=zwAAAYbHIEL2kc9lE65vI0dA...
 
Description Compound Wind and Flood events collaborative Workshop 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact This workshop was jointly hosted at the University of Reading by researchers from Reading, Bristol and Loughborough. The workshop had the dual aim of promoting engagement and uptake of recent academic work on European wind and flood hazards within the insurance industry and allowing the scientific community to discuss the potential outputs of three recently funded projects: The Centre for Greening Finance and Investment (CGFI), STORMY-WEATHER1, and ROBUST2 all which are scoped in part around compound wind and flood events over Europe.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/04/compound-wind-and-flood-events-collaborative-workshop-summary/
 
Description DATA ANALYTICS PRIZE LAUNCHED FOR STUDENT CLIMATE ANALYTICS SOLUTIONS 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Postgraduate students
Results and Impact The CGFI and Climate Investment Challenge (CIC) have partnered to launch the Data Analytics Prize.

The Prize is looking for creative ways to utilise existing climate and environmental datasets to improve the adoption of climate finance. Such ideas may help to integrate transition or physical climate risk into financial decision-making or develop novel green financial instruments. This can include the use of weather data, climate models, geospatial and satellite data.

The winning team, which will be composed of 2-6 students across disciplines and levels of study, will be awarded £5,000 and CGFI support to develop the analytics solution.
Year(s) Of Engagement Activity 2023
URL https://www.cgfi.ac.uk/2023/02/data-analytics-prize/
 
Description ESA WEBINAR: FINANCE FOR A GREEN TRANSITION 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Christophe Christiaen, CGFI Innovation and Impact Lead, spoke in this ESA Space Solutions webinar about the role of space technology in greening finance.

The webinar also introduced an ESA funding call for new business ideas that leverage space-based datasets and technologies to support and enable finance for a green transition. In November 2022, CGFI launched a partnership with ESA Space Solutions to accelerate the uptake of space-based solutions to support the greening of the financial system.
Year(s) Of Engagement Activity 2023
URL https://www.cgfi.ac.uk/2023/01/15th-february-esa-webinar-finance-for-a-green-transition/
 
Description Engagement meeting with CGFI sponsored start up FireX.ai (12 Feb 2024) 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact An engagement meeting with the CGFI sponsored start-up under the Greenhouse accelerator programme and industry expert to explore innovative solution of data analytics to facilitate the financial sector (insurance companies in particular) in the financial decision making regarding climate related nature hazards.
Year(s) Of Engagement Activity 2024
URL https://undaunted-hq.org/the-greenhouse/
 
Description FCDO meeting with Peruvian government delegation 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact Introduction to green finance topics broadly + CGFI to a delegation of government officials from Peru, facilitated by FCDO. Looking to advancet their own green finance agenda.
Year(s) Of Engagement Activity 2023
 
Description FINTECH SCOTLAND PODCAST FEATURES CHRISTOPHE CHRISTIAEN ON FINTECH INNOVATION 
Form Of Engagement Activity A broadcast e.g. TV/radio/film/podcast (other than news/press)
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Christophe Christiaen, Innovation and Impact Lead at the UK CGFI, spoke to the FinTech Scotland podcast on fintech innovation with earth observation data. Listen below.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/12/fintech-and-pace-innovation-examples-with-christophe-christiaen/
 
Description FINTECH TALENTS FESTIVAL 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Professional Practitioners
Results and Impact Christophe Christaen, CGFI Innovation and Impact Lead, spoke at the Fintech Talents Festival week on"Purposeful positioning: greening the financial sector with geospatial insights".
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/11/fintech-talents-festival/
 
Description Fintech Scotland meets space data for ESG 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Event organised by Fintech scotland bringing together scottish finance/fintech communities with the Scottish space tech ecosystem to stimulate collaboration and product development.
Year(s) Of Engagement Activity 2023
 
Description First CGFI Newsletter 
Form Of Engagement Activity A magazine, newsletter or online publication
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact First CGFI newsletter sharing updates ahead of COP26
Year(s) Of Engagement Activity 2021
URL https://mailchi.mp/223fc1317e03/latest-news-from-uk-cgfi-ahead-of-cop26-13453267?e=efa978fc6e
 
Description GEO BON global conference session on nature finance 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Chairing a session on 'nature finance' and in presentation about spatial finance at the GEO BON global conference on 'monitoring biodiversity for action' in Montreal for an international audience of researchers and NGOs.
Year(s) Of Engagement Activity 2023
URL https://event.fourwaves.com/geobon-2023/pages
 
Description GRII LAUNCH EVENTS AT COP27 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact 2 MAJOR LAUNCH EVENTS RELATED TO GRII WITH THE WORLD BANK, INSURANCE DEVELOPMENT FORUM AND UNDRR, PLUS PANELS/PRESENTATIONS ETC AT OTHER COP27 SIDE EVENTS
Year(s) Of Engagement Activity 2023
URL http://globalresilienceindex.org
 
Description GRiF Technical Talks: The Challenge Fund: Innovation in Risk Financing 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact GRiF Technical Talks: The Challenge Fund: Innovation in Risk Financing

Wednesday 12 January, 8am | Online

Deputy director of CGFI Nicola Ranger gave the opening remarks at the sixth webinar in the GRiF Technical Talks series by Global Risk Financing Facility.

The webinar highlighted projects supported by the fund's third round, which focused on disaster risk finance and its application to early action, machine learning and food insecurity.

The GRiF Technical Talks is a webinar series that features GRiF's innovative projects around the world.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/01/grif-technical-talks-the-challenge-fund-innovation-in-risk-financing/
 
Description Green Horizon Summit @COP26 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group at the University of Oxford and Director of the UK Centre for Greening Finance & Investment, spoke on a panel at the Green Horizon Summit. The summit was led by the City of London and the Green Finance Institute and bought together key green finance stakeholders, across borders and across sectors, to address the shared global challenges we face around the transition to net zero.

It was attended by more than 200 speakers including more than 40 CEOs and chairs from financial and professional services, attracting an online audience of 10,000.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/11/green-horizon-summit-cop26/
 
Description Half day workshop with Mexico government officials around climate resilience and green finance 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact Half day workshop with officials from various mexican government departments to discuss closer collaboration on green finance and climate/disaster resilience. Presented CGFI as an example of multi disciplinary and departmental work and coherent policy implementation.
Year(s) Of Engagement Activity 2023
 
Description Innovate Finance's forum "The Power of FinTech: Creating a More Sustainable and Inclusive World for All 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Christophe Christiaen, CGFI Innovation and Impact Lead, participated in Innovate Finance's forum "The Power of FinTech: Creating a More Sustainable and Inclusive World for All on 11 October 2022.

The one-day summit sought to discuss key problem areas facing society and to showcase how the fintech sector could contribute to a fairer, greener, and more sustainable world.

Christophe participated in a panel discussion on "How Spatial Data and Finance are combining to help manage nature-related financial risks and opportunities". The session focused on the emerging field of spatial finance, including the evolving role of data and analytics for addressing nature-related risks in the financial sector.

Innovate Finance is an independent industry body that represents and advances the global FinTech community in the UK.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/10/an-innovate-finance-forum-the-power-of-fintech-creating-a-more-sustai...
 
Description Interview for BBC: COP26: UK firms forced to show how they will hit net zero 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Public/other audiences
Results and Impact Press coverage as part of announcement of the Ttransition Plan taskforce
Year(s) Of Engagement Activity 2021
URL https://www.bbc.co.uk/news/business-59136214
 
Description Interview for Financial Times: CLIMATE FUNDS OFTEN FALL SHORT OF PARIS GOALS: BEN CALDECOTT COMMENTS 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact CGFI's Director and Principal Investigator comments in the Financial Times on a report by think tank InfluenceMap that funds marketed as "climate themed" often hold shares in large polluters such as oil companies.
Year(s) Of Engagement Activity 2021
URL https://www.ft.com/content/86ecb21b-c7da-4197-914a-3e1e8e3c5324?shareType=nongift
 
Description Interview for Financial Times: Does the maths on Mark Carney's $130tn net zero pledge stack up? 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Public/other audiences
Results and Impact Mark Carney, the former central banker turned climate finance envoy, says the banking industry is about to deliver "hard numbers'' to show it can wipe out its carbon footprint.

His grand project - to get big finance to commit to net-zero CO2 emissions by mid-century - has drawn in firms representing over $90 trillion, with more last-minute commitments expected to be unveiled at the COP26 climate summit in Glasgow this week.

Now, the challenge is to prove to the world that an industry that's channeled trillions of dollars into fossil-fuel finance since the 2015 Paris accord can plausibly reform itself fast enough to avoid a climate catastrophe. Carney says the numbers will speak for themselves.

CGFI's director Ben Caldecott comments: "We are still a very long way off. We urgently need new commitments at COP26 that amount to the most significant ever from financial institutions on climate, that demonstrate the collective intent for massive material change in future financial flows, and the widespread adoption of financial practices that actively support the transition to net zero at the pace and scale required."
Year(s) Of Engagement Activity 2021
URL https://www.ft.com/content/036f6253-ea40-4cde-868a-db8c5f3b245a?shareType=nongift
 
Description Interview for Financial Times: STAY OR SELL? THE $110TN INVESTMENT INDUSTRY GETS TOUGHER ON CLIMATE 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Public/other audiences
Results and Impact Financial Times: Ben Caldecott comments.

Some asset managers are tiring of quiet conversations with companies about emissions and are now threatening to divest
As Covid-19 ripped through the world in 2020, a cluster of senior figures at Aviva Investors, the £262bn UK asset manager, held a series of virtual meetings over the course of six months to discuss the other big issue looming over their portfolios: climate change.

Concerned that global warming would hit the long-term valuations of companies, the group decided on a rare course of action for a big asset manager. Aviva Investors warned about 30 fossil fuel intensive companies that if they failed to take radical action to slash their emissions, it would sell out across its equities and fixed income portfolios within one to three years.

It was a bold move that dramatised a growing dispute within the $110tn investment industry.

Many big asset managers still routinely dismiss divestment, arguing it is better to stay invested and try to alter corporate behaviour through background conversations with companies.

However, there are a growing number of large, traditional investors who are taking a tougher approach with companies over global warming, a change in attitude that could have huge ramifications for businesses around the world.

Ben Caldecott, director of the sustainable finance programme at the University of Oxford Smith School of Enterprise and the Environment, says one of the problems with the current model of engagement favoured by the investment industry is that few asset managers have a long-term plan around how to interact with businesses over climate change.

"There has been very little playing chess like a chess champion, where [asset managers are] thinking several moves ahead and coming up with proper strategies," he says. "Very few are thinking about all the levers they have available."
Year(s) Of Engagement Activity 2021
URL https://www.ft.com/content/ee08d61d-4c98-4398-9971-93036d67e91e
 
Description Interview for IPE: THE EU TAXONOMY NEEDS RESCUING - BEN CALDECOTT COMMENTS 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact The EU taxonomy, a system for identifying what economic activities count as sustainable, has been in the spotlight since the news broke on new year's eve about a proposal from the European Commission to extend it to cover nuclear energy and natural gas. It is unclear how long the controversy will last, writes Susanna Rust in IPE.

One the one hand, there does not look to be enough opposition among member states or members of the European Parliament to be able to block it, although the Council and Parliament have four months, plus potentially an extra two, for scrutiny.

On the other hand, there is the prospect of a legal challenge from Austria and Luxembourg. At the time of writing in late January it was also unclear how the Commission would be responding to feedback from the Platform On Sustainable Finance, its advisory body, that the Commission's proposal is not in line with the bloc's legislative bodies' own rules on the taxonomy.

In 2019, Ben Caldecott of the Oxford Sustainable Finance Group named 10 reasons why the then current proposals for a green taxonomy were a bad idea.

Number four was "disingenuous claims that the taxonomy won't become a standard or mandatory". Another was that lobbying would result from thresholds for the binary green/not green assessments being set administratively.

Caldecott stands by those views and thinks a lot of the issues he raised are coming to pass.

"At best, a green taxonomy is one helpful tool among many for some use cases," he says. "By far the most important use case actually has very little to do with finance and investing, but rather fiscal policy. If governments want to support 'green' things, they need to define what is green."
Year(s) Of Engagement Activity 2022
URL https://www.ipe.com/comment/the-eu-taxonomy-needs-rescuing/10057671.article
 
Description Interview for IPE: UK reveals plan for economy-wide climate impact reporting regime 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact UK pension schemes face new requirements to disclose sustainability-related information, but these will "streamline" existing climate reporting duties and also cover corporates and financial services firms in the country, according to government announcements today.

Ben Caldecott, director of the University of Oxford sustainable finance programme and director of the pension fund-backed Centre for Greening Finance & Investment, said the new integrated Sustainability Disclosures Requirements were "a hugely positive step".

"Requiring firms to report on the positive and negative impacts they are having on the climate and environment is an essential complement to risk focused disclosures pioneered by the TCFD."
Year(s) Of Engagement Activity 2021
URL https://www.ipe.com/news/uk-reveals-plan-for-economy-wide-climate-impact-reporting-regime/10053826.a...
 
Description Interview for The Times: FIRMS TO BE NAMED AND SHAMED FOR 'GREENWASHING' THEIR CLIMATE RECORD: BEN CALDECOTT COMMENTS 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Public/other audiences
Results and Impact A "greenwashing" watchdog is being set up by the United Nations to name and shame companies that fail to deliver on net zero commitments, according to Ben Spencer, Science Editor at The Times.

The Cop26 summit in Glasgow has been beset by accusations of greenwashing - when the environmental credentials of products or organisations are overstated - as businesses and politicians compete to make ever more ambitious claims.

With major oil firms such as Saudi Aramco announcing they will hit net zero emissions by 2050, experts are increasingly concerned that unsubstantiated rhetoric threatens to undermine the credibility of the meeting.

Dr Ben Caldecott, director of the Oxford Sustainable Finance Programme at Oxford University, said: "The creation of this panel is really important. They will want to ensure the integrity of climate commitments and will need to make sure targets are robust and not open to greenwashing and lobbying from vested interests."
Year(s) Of Engagement Activity 2021
URL https://www.thetimes.co.uk/article/firms-to-be-named-and-shamed-for-greenwashing-their-climate-recor...
 
Description Interview in Financial Times 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Financial Times (Moral Money) piece on the Transition Plan Taskforce to publicise the TPT and upcoming publications
Year(s) Of Engagement Activity 2022
URL https://www.ft.com/content/acbfc1ed-ee47-4e6f-af22-a5c91f4e5d5b?shareType=nongift
 
Description Launch of the Global Resilience Index Initiative 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact An international, multi-partner initiative, GRII will be the world's first curated, open-source reference index
GRII addresses the data emergency that is contributing to the climate crisis
Launched during the COP26 Adaptation Day on 8th November under the patronage of Mark Carney, UN; Mami Mizutori, UNDRR; and Eric Andersen, AON & IDF
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/11/global-resilience-index-initiative-launched/
 
Description Lecture at NN Investment Partners' Responsible Investing Summer Course 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Taking place on 20 July 2021, 14:00 - 15:00 CEST.

How can we be sure that investments have a positive impact in the real world?
How can we ensure the business models being developed address issues such as climate change, biodiversity, the circular economy and social challenges?
Does AI in ESG really work and what is its future?
Join us this summer for the NN Investment Partners' Responsible Investing Summer Course. Leading academics from all over the world will deliver a series of virtual, interactive lectures about the future interplay between sustainability, finance and technology between 20 July and 25 August.

The course has been organized in cooperation with the Academy of Business in Society (ABIS) and features leading academics from universities across the globe including Oxford University, the Chinese University of Hong Kong, the University of Zurich and the University of Groningen.

This interactive series builds on the success of our Summer Course 2020. By registering you will be able to join the discussions and ask all our academics questions in a live Q&A or watch the session later at your own convenience. You will also enjoy online access to all of the content and videos from last year.
Year(s) Of Engagement Activity 2021
URL https://www.nnip.com/en-INT/professional/insights/events/summer-course-2021-the-future-of-responsibl...
 
Description London CGFI Innovation Hub 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact London CGFI innovation launch event brought together leading academics and industry professionals in discussion on climate analytics and the growing role of climate data and innovation for the financial services sector. With around 80 attendees at Royal Institution, the event started with presentation and case studies from CGFI and GreenHouse business ideas in climate finance/tech. Then a panel discussion brought together banks, fintechs, climate tech and VC. The Hub offers a space and support for businesses, policy makers, academics, professionals, investors and entrepreneurs to collaborate on climate challenges facing financial institutions.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/11/cgfi-connect-london-cgfi-hub-launch/
 
Description Mark Leonard's World in 30 Minutes: COP26 and Europe's green grand bargain 
Form Of Engagement Activity A broadcast e.g. TV/radio/film/podcast (other than news/press)
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact Negotiations of the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26) are underway in Glasgow. This week, host Mark Leonard speaks with Lykke Friis, ECFR board member and director of the Danish Think Tank Europa and former minister for climate and energy of Denmark; Susi Dennison, head of ECFR's European power programme; and Alex Clark, researcher at the Smith School of Enterprise and the Environment at the University of Oxford and ECFR visiting fellow. Together, they analyse the prospects of success at COP26 and particularly what role the European Union can and should play. Is the EU in a position to deliver a green grand bargain, or is its role as peripheral now as it was at COP15?


This podcast was recorded on 3 November 2021.
Year(s) Of Engagement Activity 2021
URL https://podcasts.apple.com/us/podcast/cop26-and-europes-green-grand-bargain/id340460705?i=1000540868...
 
Description Member of Editorial Board for 10 New Insights in Climate Science 2022, presented at COP27 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact The 10 New Insights in Climate Science series is an annual synthesis highlighting essential advances in climate change research, from natural and social sciences, with high policy relevance. The report has been launched every year since 2017 at the climate COP, with participation of the UNFCCC Executive Secretary. This joint initiative of Future Earth, The Earth League, and The World Climate Research Programme, is a collective effort to support the diffusion of the most relevant and up-to-date climate change science to policymakers, negotiators, and the general public.
See: https://10insightsclimate.science/
Year(s) Of Engagement Activity 2022
URL https://10insightsclimate.science/
 
Description NGFS NATURE AND CLIMATE SCENARIO RELATED WORKSHOPS (2 WORKSHOPS PLUS MEETINGS) 
Form Of Engagement Activity A formal working group, expert panel or dialogue
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact MEETINGS AND WORKSHOPS WITH NGFS AND CENTRAL BANKS TO SHARE RESEARCH ON CLIMATE SCENARIOS AND DISCUSS NATURE SCENARIOS
Year(s) Of Engagement Activity 2022,2023
URL http://www.cgfi.ac.uk
 
Description NLP 4 Sustainable finance 
Form Of Engagement Activity Participation in an open day or visit at my research institution
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Professional Practitioners
Results and Impact Full day workshop around the potential of NLP for sustainable finance. This included an interactive session on spatial finance.
Year(s) Of Engagement Activity 2023
URL https://sustainablefinance.ox.ac.uk/nlp4sf-home/events/
 
Description PODCAST: SUSTAINABILITY & YOU FEATURING PROFESSOR MARTIN SIEGERT 
Form Of Engagement Activity A broadcast e.g. TV/radio/film/podcast (other than news/press)
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Public/other audiences
Results and Impact CGFI researcher Professor Martin Siegert of Imperial College London is the first guest on the Sustainability & You podcast.

Martin is a glaciologist having studied geological geophysics at Reading University, and with a PhD in the numerical modelling of large ice sheets from Cambridge University. His current work involves the study of large ice sheets in the past, present and future, using combinations of numerical modelling, satellite observations and glacier geophysical measurements. He is an author, prize winner and artic explorer.

The Sustainability & You podcasts are a series of interviews with experts in science, academia, government, business, NGO's and economists amongst others, all of whom influence and shape the race to net zero. It's purpose is to create greater awareness and connectivity between all these different actors so that we can accelerate decarbonisation and ESG solutions.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/04/podcast-sustainability-you-featuring-professor-martin-siegert/
 
Description Panel at OMFIF Sustainable Policy Symposium 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Official Monetary and Financial Institutions Forum (OMFIF) event on 'mobilising financeto solve the climate crisis'.
Christophe Christiaen participated in a panel called "ESG data and the green transition - hindrance or help?"
Year(s) Of Engagement Activity 2023
URL https://www.omfif.org/wp-content/uploads/2023/03/SPI-Symposium-22-23-March-2023-Agenda_Final.pdf
 
Description Panel discussion: COP26 UNIVERSITIES NETWORK VIRTUAL CONFERENCE. 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Policymakers/politicians
Results and Impact CGFI's Nicola Ranger joined a panel to discuss financial risk from climate change at the COP26 Universities Network Virtual Conference.

The session engaged leading experts in climate finance from academia, central banks and financial regulators in a stock-taking exercise to critically discuss international examples of progress in climate financial risk assessment and the challenges associated which are currently faced by investors and supervisors.

Panel members were:

Irene Monasterolo Vienna University of Economics and Business ,
Joseph Noss Financial Stability Board ,
Laura Parisi European Central Bank ,
Nicola Ranger University of Oxford ,
Stefano Battiston Univ. of Zurich and Ca' Foscari Univ. of Venice
Year(s) Of Engagement Activity 2021
URL https://www.cambridge.org/engage/coe/article-details/60cfcae2c62295d3871a2fa0
 
Description Panel member - Fintech North Conference 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Increased awareness of CGFI and Leeds Innovation Hub
Year(s) Of Engagement Activity 2021
 
Description Participation in Collaborating for impact: bridging the gap between climate science and insurance industry practice (6 Mar 2024 buy Mike Wilkins) 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact This event was co-hosted by UK CGFI Leeds Innovation Hub and Royal Meteorological Society (RMetS) to discuss four of the biggest challenges facing the sector in the coming years.
1) How much physical risk can already be attributed to climate change, and what level of future risk is already locked in?
2) High-resolution information and downscaling
3) Potential for improved decadal scale forecasts
4) Climate tipping points
Year(s) Of Engagement Activity 2024
URL https://www.cgfi.ac.uk/2024/03/leeds-insurance-connect/
 
Description Participation in Net Zero Transition Plans: Credibility and Action and networking event (12 Feb 2024 by Mike Wilkins) 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Representatives from The Transition Plan Taskforce (TPT), financial institutions, businesses, and academia discussed transition plans to achieve Net Zero through case studies and best practice in the rapidly changing policy and regulatory environment.
Year(s) Of Engagement Activity 2024
URL https://www.cgfi.ac.uk/2024/02/leeds-tpt-event/
 
Description Pictet roundtable on biodiversity and finance 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Professional Practitioners
Results and Impact Presenting work on spatial finance at closed door practitioner roundtable organised by Pictet Asset Management in London
Year(s) Of Engagement Activity 2024
 
Description Podcast - interview on CER from the asset owner perspective 
Form Of Engagement Activity A broadcast e.g. TV/radio/film/podcast (other than news/press)
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Podcast specifically discussing CGFI and the asset owner flagship with a focus on trustees.
Year(s) Of Engagement Activity 2021
 
Description Podcast - on post COP26 
Form Of Engagement Activity A broadcast e.g. TV/radio/film/podcast (other than news/press)
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Interviewed alongside Jennifer Bell, Senior Climate Risk Policy Advisor at the Bank of England, who supports Mark Carney as COP26 Private Finance Advisor to the UK Government.
Year(s) Of Engagement Activity 2021
URL https://podcasts.apple.com/us/podcast/money-matters-combatting-the-climate-crisis/id1591591929?i=100...
 
Description Presentation on green finance, ESG and agritech 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact Event organised by Rothamstead in the UAE:
To convene a 2-day Workshop, hosted by ICBA, that brings together research, government and industry to discuss research investment in 'Agriculture under Climate Change' in context of Environment, Social and Governance (ESG) and economies of Natural Capital.
Outcome
To agree a statement of intent to be presented at COP28 on the opportunity to value ESG to structure investment in a next generation of researchers, infrastructure and technologies addressing 'Agriculture under climate change'.
Year(s) Of Engagement Activity 2023
 
Description Presentation to Space4Climate group 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Gave an overview presentation on CGFI to the Space4Climate group, which consists of researchers and industry practitioners in the area of climate data from space.
Year(s) Of Engagement Activity 2021
 
Description Presentation to SpaceComm 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact Gave an overview presentation on CGFI in a special session on Space and Finance. Audience were mainly businesses in the space industry (upstream and downstream) and their potential users/customers. Also took part in panel discussion with 4 others from various companies (including a building society, a satellite data company and a climate intelligence company).
Year(s) Of Engagement Activity 2021
URL https://www.space-comm.co.uk/agenda/
 
Description Press release: GLOBAL RESILIENCE INDEX INITIATIVE LAUNCHED 
Form Of Engagement Activity A press release, press conference or response to a media enquiry/interview
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact An international, multi-partner initiative, GRII will be the world's first curated, open-source reference index

GRII addresses the data emergency that is contributing to the climate crisis

Launched during the COP26 Adaptation Day on 8th November under the patronage of Mark Carney, UN; Mami Mizutori, UNDRR; and Eric Andersen, AON & IDF

Glasgow, UK, 8th November, 2021:

The Global Resilience Index Initiative (GRII) multi-partner taskforce announces today its formal launch at COP26 Adaptation Day.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/11/global-resilience-index-initiative-launched/
 
Description RAeS Conference - Towards a Space Enabled Net Zero Earth 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Presentation of CGFI and its mission, making links with the space sector and how it could enable net zero across our economies.
Year(s) Of Engagement Activity 2022
URL https://www.aerosociety.com/events-calendar/raes-conference-towards-a-space-enabled-net-zero-earth/
 
Description RICS built world forum 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Presenting and discussion the role of spatial finance for the built environment.
Year(s) Of Engagement Activity 2023
URL https://www.rics.org/training-events/wbef-events
 
Description Say on Climate 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact 23 February 2022 | Westminster

The 'Say on Climate' initiative asks companies to set out their strategy to manage the transition to a net zero emissions business.

Ben Caldecott spoke at the conference on The potential role of transition plans and transition finance in accelerating decarbonisation.

Investors are asking for emission disclosure consistent with the Task Force on Climate-related Financial Disclosures, a five-year plan to get onto a net zero emissions pathway and annual provision for shareholders to vote on such plans.

The UK government is moving towards making publication of corporate net-zero transition plans mandatory and is setting up a high-level transition plan taskforce to develop a 'gold standard' for climate action transition plans by end of 2022.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/02/say-on-climate/
 
Description Spatial Finance Initiative: LAUNCH OF THE FIRST ANNUAL SPATIAL FINANCE STATE & TRENDS REPORT 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Around 400 people registered to attend the launch event of our Spatial Finance Initiative thought leadership report and open asset-level databases. This included insights sharing of two panels of experts on both topics. This has led to hundreds of downloads of both resources across a diverse audience of researchers, practitioners and third sector.
Year(s) Of Engagement Activity 2021
URL https://www.youtube.com/watch?v=L71fKwMS_-w&t=1s
 
Description Sustainable Investing: Progress in Practice 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact CFA UK's Sustainable Investment conference brought together investment practitioners to discuss how best to implement sustainable investment strategies today and in future.

Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group at the University of Oxford and Director of the UK Centre for Greening Finance & Investment, joined a session on the final day - themed Towards a sustainable future - to discuss 'Where next for policy, regulation and client demands?'

Across four half-day sessions in the week beginning 20 September, the event brought together investment professionals to consider some of the key questions that we still need to resolve, to consider the skill sets that investment professionals need to cultivate, to look at the various sectors in which those skills need to be applied and to think about some of the challenges that are likely to arise in the coming few years.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/09/sustainable-investing-progress-in-practice/
 
Description Talk at BMO Responsible Investment Conference 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact BMO hosted its virtual Responsible Investment Conference on 8th June. Please take a look at the key highlights from the event.

If you were unable to attend the conference but would like to register to get access to our recorded sessions, please follow the link below.
Year(s) Of Engagement Activity 2021
URL https://bmo.eventscase.com/EN/RIConference2021
 
Description Teaching executive education 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Providing lecture at Oxford Sustainable Finance Group's Sustainable Finance Executive programme, focused on spatial finance and climate and environmental analytics from CGFI. Reaching and upskilling approximately 40 practitioners from various geographical and topical backgrounds.
Year(s) Of Engagement Activity 2023
URL https://www.smithschool.ox.ac.uk/course/sustainable-finance-executive-programme
 
Description Teaching executive education - Climate-related risks 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Lecture on spatial finance and climate and environmental analytics from CGFI, at Climate-related risk executive education course at Oxford Sustainable Finance Group.
Year(s) Of Engagement Activity 2023
URL https://www.smithschool.ox.ac.uk/course/climate-related-financial-risk-course
 
Description The Economist's Climate Risk Virtual Week 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact The Economist's Climate Risk Virtual Week convened thought leaders, investors, regulators, policy makers, sustainability professionals and scientists to delve deep into conversations about the impact that climate-related risks will have on businesses and how management can respond.

Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group at the University of Oxford and Director of the UK Centre for Greening Finance & Investment, joined speakers on Day 2 of the event, which explored the theme Climate Change Risk Management in High Impact Sectors.
Year(s) Of Engagement Activity 2021
URL https://www.cgfi.ac.uk/2021/09/3rd-annual-climate-risk-europe-virtual-week/
 
Description The emerging intersection of smart space and finance: Spatial finance in support of climate action @ KTN Virtual COP26 Pavillion 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Pavilion Overview
Organised by KTN in collaboration 30+ other partners, the 11-day Virtual Pavilion will explore the role of innovation, inclusive growth, and collaboration in supporting the climate emergency and meeting Net Zero targets, using the power of place.
In the last two days, KTN and its delivery partners will deliver a packed agenda featuring plenaries and parallel sessions focused on transport, cities, finance, science and innovation, adaptation and nature.
Panel discussion on "The emerging intersection of smart space and finance: Spatial finance in support of climate action" curated by University of Oxford and the Spatial Finance Initiative.
Year(s) Of Engagement Activity 2021
URL https://ktn-uk.org/events/space-geospatial-virtual-pavilion/
 
Description Transition Plan Taskforce moves into next phase 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact First major TPT event of 2023 to launch workplan for the year. Speeches from HM Treasury minister, CEO of Aviva, CFO of Unilever, CEO of WWF UK, seniors from Bank of England, SSE, FCA. Hosted at the Guildhall at the City of London. Major call to action to the market on transition plans and announcement of new TPT members, working groups and expansion of the Sandbox.
Year(s) Of Engagement Activity 2023
URL https://transitiontaskforce.net/transition-plan-taskforce-moves-into-next-phase/
 
Description Transition Plan Taskforce: COP26 Launch Event 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact To launch the TPT Disclosure Framework and Implementation Guidance consultation, informing the market of likely future regulatory requirements, seeking feedback and driving ambition around transition plans as a means of planning for the transition to net zero. Launched at COP27. Speeches from a UK Minister and key senior figures from GFANZ, ISSB, Unilever, FCA, Natwest.
Year(s) Of Engagement Activity 2022
URL https://transitiontaskforce.net/uk-transition-plan-taskforce-launches-new-gold-standard-for-best-pra...
 
Description Trends in AI4ESG 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Christophe Christiaen, Innovation and Impact Lead for the Spatial Finance Initiative, will join an online event exploring ESG and AI on 24 February, 16:00-18:00.

ESG stands for Environmental, Social, and Governance. Investment companies, asset owners and banks are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities.

Artificial Intelligence - sometimes called the New Electricity - has enormous potential to drive evidence-based ESG analysis and detect ESG-washing. Natural Language Processing (NLP) and Geospatial AI have become trending technologies in sustainable finance.
Year(s) Of Engagement Activity 2022
URL https://www.cgfi.ac.uk/2022/02/trends-in-ai4esg/
 
Description WEBINAR: RETHINK CLIMATE TRANSITION: HOW IS THE CLIMATE TRANSITION UNFOLDING? 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact Climate change policies and efforts to link global warming and reach net zero by 2050 are critically dependent on the decarbonisation of our energy system. The challenge, as well as the investment required, is vast.

What do investors need to know about how the energy revolution is unfolding?

In this webinar on Climate Transition, Head of CLIC Solutions Kristina Church talks to Ben Caldecott from Oxford University and Paul Udall, lead portfolio manager of Lombard Odier's Climate Transition strategy. They examine the energy sector and the extent of change required.
Year(s) Of Engagement Activity 2021
URL https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg30.jsp&referrer=&eventid=320983...
 
Description Webinar - Climate Investment Challenge (26 Feb 2024) 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Undergraduate students
Results and Impact About 40 undergraduate or postgraduate students, and at least 2 financial institutions attended a webinar to introduce the Data Analytics Prize of the Climate Investment Challenge and inspire ideas among potential applicants.

The CGFI and Climate Investment Challenge (CIC) have partnered to launch the Data Analytics Prize. The Prize is looking for creative ways to utilise existing climate and environmental datasets to improve the adoption of climate finance. Such ideas may help to integrate transition or physical climate risk into financial decision-making or develop novel green financial instruments. This can include the use of weather data, climate models, geospatial and satellite data. The winning team, which will be composed of 2-6 students across disciplines and levels of study, will be awarded £5,000 and CGFI support to develop the analytics solution.
Year(s) Of Engagement Activity 2024
URL https://www.climateinvestmentchallenge.org/
 
Description Westminster Business Forum 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Panel member of discussion on Green Finance.
Year(s) Of Engagement Activity 2021
 
Description Women in FinTech Powerlist 2022 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact I am selected as part of Women in FinTech Powerful List 2022 by Innovate Finance, in the category Industry and Knowledge Champions (International and national hub representatives, NGOs, academia and industry vertical specialists i.e. ESG) as a result of your outstanding hard work and achievements over the previous 12 months. The event will be held on 16th of March.
Year(s) Of Engagement Activity 2023
URL https://www.innovatefinance.com/womeninfintech/powerlist2022/#1645113001917-ce2a24d3-1ad816763822311...
 
Description Workshop on Developing Protection Gap Strategies for ASEAN Countries 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Policymakers/politicians
Results and Impact CGFI researcher Mark Bernhofen participated in a workshop on "Developing Protection Gap Strategies for ASEAN Countries", co-hosted by the Global-Asia Insurance Partnership (GAIP), in collaboration with the Asian Development Bank Institute (ADBI) and ASEAN Secretariat, including an introduction the Resilient Planet Data Hub initiative. The Hub was noted as a valuable tool to facilitate investors' adaptation finance decisions.
Year(s) Of Engagement Activity 2023
URL https://www.gaip.global/adbi-and-gaip-co-hosted-a-workshop-on-developing-protection-gap-strategies-f...
 
Description Workshop shaping research priorities on nature finance 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact We organised a full day, invite-only workshop at Oxford to connect researchers and practitioners and discuss future research priorities on nature finance. Including a presentation of spatial finance work. Reaching an audience of >100 national and international stakeholders mainly in person but also through dial-in option.
Year(s) Of Engagement Activity 2023
 
Description Yorkshire Climate Summit 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Industry/Business
Results and Impact Raised awareness about CGFI and Leeds Innovation Hub
Year(s) Of Engagement Activity 2021