UK-Norway Sustainable Finance Action Platform

The world has a special opportunity to reset the global climate change agenda in the lead up to the 26th United Nations Climate Change Conference of the Parties (COP26), to be held in Glasgow, UK. For this to happen, the world must be clear on its strategic objectives, the shifts that are needed, and within that, the role of finance. The reset must be seen in the COVID context of rescue, recovery and transformation, with strong emphasis on the overarching strategic objective/goal of sustainable, inclusive and resilient growth. You can re-watch the kick-off event here

The UKNorway Sustainable Finance Action Platform is a newly formed collaborative initiative between the British Embassy in Oslo, and the local Networks of the United Nations Global Compact in the UK and Norway, who are co-organisers of the platform. The Platform is based on the five Action Tracks in the COP26 finance campaign objectives. Read more about the COP26 Campaign objectives here: 

COP26 finance background slides

COP26 Finance Campaign

Benefits of being a part of the UK Norway Sustainable Finance Action Platform

 

  • Engage in a unique international collaboration effort between financial institutions from the UK and Norway. 
  • Contribute to a key COP26 campaign and demonstrate this leadership in the run up to and during the conference. 
  • Be contributing to establish public-private partnerships to scale finance and policy solutions 
  • Provide input to and help shape both new policy formulation and cross-industry business opportunities on sustainable finance. 
  • Participate in a carefully designed and professional programme including a series of workshops that will explore the regulatory framework and investment decisions that are needed to fuel the transition to zero-emission economy and accelerate the green shift. 
  • Learn from experts and peers and hear best practice examples on sustainable finance. 

Learn more about the benefits in the kick-off event by watching the livestreamed kick-off event from February 2n here

Five action tracks

 

We aim to bring green finance to the core of the financial sectors in both our countries and in British-Norwegian cooperation. This leadership initiative will highlight the opportunities in the green recovery and how, through closer collaboration in the financial sector, we can accelerate the green transition. By bringing together Ministers, senior policymakers, NGOs, and business and financial leaders from both the UK and Norway, the UK Norway Sustainable Finance Action Platform will provide an important platform to share knowledge and best practice from the financial service industry in both countries.  

The Platform will not only focus on actionable solutions within the five pillars but also look at what regulatory framework and investment decisions are needed to fuel the zero-emission economy. The contribution of all the financial actors will be highly valued and will strengthen the Platform more widely in the run up to COP26 in Glasgow. 

The platform timeline

Participation

The Participation for the Sustainable Finance Platform is mainly for Financial Institutions, Research or Knowledge partners and Public Entities. However, the Action Track ‘Mobilisation’ is also open to companies and organisations within the Maritime sector.  

Participants have the opportunity to choose which Action Tracks they would like to participate in. Each participating company/organisation is expected to nominate up to two individuals who will act as their representatives and main points of contact. If a company decides to participate in more than one Action Track, the company can assign two additional representatives for each Action Track. The representatives assigned on each Action Track must be the same for all workshops within the Action Track to ensure continuityThe Communication workshop is for members of the company’s communications department. 

Participation Fee: 

To cover the costs associated with the work, we have set a participation fee that includes all activities building up to COP26 in November 2021.  

 

Note: For Companies/Organisations situated in both the UK and Norway, participation can be registered either in the UK or Norway based on the location of the company’s headquarters. The fee is inclusive of 3 workshops within each action track and the communication workshop. Public entities and organizations will be allowed into the platform by invitation only. Public entities do not pay a participation fee. 

 

Let us know that you are interested in joining the Action Platform here

Registration form: UK-Norway Sustainable Finance Action Platform

Is your business interested in being a part of the Action Platform for UK-Norway Sustainable Finance? Sign up here

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