London Climate Action Week

London Climate Action Week is one of the world's largest independent climate change events. It brings together local and global experts from various sectors to harness the unique power of London for global climate action. The week is made up of hundreds of independent events where leaders, experts, and community representatives tackle climate issues, share their knowledge, and develop practical solutions both within their sectors and across the broader real economy.

This year’s themes will focus on four key areas: the road to climate ambition at COP30, financing the global climate transition, delivering a net zero and resilient UK, and mobilizing whole-of-society climate action. 

We will be contributing to the event with discussions on financing the global climate transition, speaking at the Climate Investment Summit, and hosting events on the topics of scaling transition finance, closing the UK green investment gap, and financing a nature-positive future.

June 25, 08.30 — 10.30 BST

Scaling Transition Finance

The financing needs of the climate transition are well understood, but we constantly hear from developers, financiers, and insurers about challenges and blockers in providing the appropriate level and type of finance and risk management. These challenges allow projects to be funded in the most efficient and rewarding way.

Join Oliver Wyman and Marsh to discuss the practical challenges of scaling transition finance. We will bring together representatives from the Insurance, Banking and Investment, and Energy and Power sectors to look at what needs to be done to smooth the way to more efficient and effective provision of finance for the energy transition.

Register your interest here.
 

June 25, 08:30 — 10:30 BST

Closing The UK Green Investment Gap

Levels of capital investment play a critical role in whether a company can meet its net-zero goals. Yet, 86% of UK companies disclosing through CDP dedicated less than a quarter of their capital expenditures to projects that are aligned with their transition plan or a sustainable finance taxonomy. This places the UK last among 16 countries that disclose CapEx alignment to CDP.

Join Oliver Wyman and CDP to explore actionable solutions to close the UK green investment gap. We will build on insights and case studies from our latest report, Get The Money Moving, based on an analysis of responses from more than 1,600 European companies disclosing through CDP.

Register here.
 

June 25, 14:05 — 14:35 BST

A UK Perspective On Incentivising The Flow Of Sustainable Finance

While the City of London has retained its crown as the top global financial centre thanks to "London’s regulatory quality and openness to businesses through the newly introduced Financial Services and Markets Act and the Edinburgh Reforms", the question for this panel will be whether the UK is doing enough to incentivize the flow of sustainable finance and what changes could be on the horizon in an election year.

Speakers:

• Huw van Steenis, Vice Chair at Oliver Wyman and NBIM
• Ingrid Holmes, Executive Director at Green Finance Institute
• Ilan Jacobs, Managing Director, Head of UK Government Affairs at Citi

More information here.

June 26, 11:15 — 12:00 BST

Climate Investment Summit

Session: Financial Breakthroughs For Decarbonising Hard-to-Abate Sectors

Investors committed to net-zero by 2050 are confronted with the task of decarbonizing their portfolios and increasing investments in climate solutions. This session will highlight the latest breakthrough finance strategies and opportunities that support the decarbonization of heavy industries such as cement, steel, chemicals, manufacturing, aviation, and shipping.

Speakers:

• David Russel, Chair, Transition Pathways Initiative (moderator)
• James Davis, Partner, Corporate and Institutional Banking, Co-head of Climate and Sustainability, Europe, at Oliver Wyman
• Dick Benschop, Interim CEO at Mission Possible Partnership

Register here for the in-person event.

Register here to watch the livestream.
 

June 27, 08:30 — 10:30 AM BST

Financing A Nature Positive Transition

Join Oliver Wyman and the World Economic Forum for a high-level roundtable that brings together leading financial institutions. This event will delve into the “why, what, and how” of financing the transition toward a nature-positive future. It will highlight crucial guidance and tools for understanding the nature of opportunities as well as risks of inaction for financial institutions.

Register your interest here. 

Oliver Wyman Group, along with all the businesses of Marsh McLennan, is certified as a CarbonNeutral® company through Climate Impact Partners’  CarbonNeutral Protocol.

On March 31, 2022, Marsh McLennan  announced a commitment to be net zero across its operations by 2050 and to reduce its emissions by 50% by 2030. The emissions reduction target will be aligned with the Science Based Targets criteria. Read the ESG Report to learn more.