As the climate crisis takes hold of the global conscience, it seems as though there isn’t anywhere you can turn without reading about leaders in the business, political or financial spheres making decarbonisation commitments or setting out their net-zero roadmaps. A very positive, needed and reassuring step in the fight against climate change. However there is a growing feeling that all this talk is somewhat replacing and distracting from real action. 

Recent reports suggest that only 5% of the largest European companies that have net-zero roadmaps are on target to achieve their net-zero commitments by their target dates. Therefore there is a need to reevaluate the current trajectory of the transition to net-zero and consider: what do policy makers and the financial sector need from one another to support an orderly and efficient transition? What actions and commitments do we need to come out of the COP26 discussions to better support the rapid transition to net-zero? In what ways can key stakeholders better collaborate to ensure more effective action?

The Financial Times, in partnership with Citi, was delighted to host this breakfast briefing during COP26 in Glasgow.  The discussion went beyond the rhetoric to dig down into the practical actions that financiers, business leaders, policy makers and ordinary citizens can take to make actual rapid change in the face of ever growing climate crisis.

Understand

The big picture, not just the individual strands of the business you work in

Connect

And build relationships with some of the biggest names in your industry

Discover

New approaches and strategies to help win market share

Premier Digital Events supported by the world's best journalism

Using leading digital technology, we have now taken our content, global audience reach and engagement to a new level through a series of unmissable virtual events. Our compelling events are chaired by respected FT journalists, feature the most senior and thought-provoking decision-makers in business, finance and politics, all accessible from your office or home.

© Financial Times Live

FT Live and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice