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BUILDING A PRIVATE FINANCE SYSTEM FOR NET ZERO

BUILDING A PRIVATE FINANCE SYSTEM FOR NET ZERO Priorities for PRIVATE FINANCE for COP26 Mark Carney, UN Special Envoy for Climate Action and FINANCE and the Prime Minister's FINANCE Adviser for COP26 2 BUILDING a PRIVATE financial SYSTEM for net zero CONTENTS Executive summary Scope & objectives 5 Context 6 Summary of goals and deliverables 12 Deliverables in detail Reporting 14 Risk management 17 Returns 22 Mobilisation 26 3 BUILDING a PRIVATE financial SYSTEM for net zero BUILDING a PRIVATE financial SYSTEM for net zero EXECUTIVE SUMMARY 5 BUILDING a PRIVATE financial SYSTEM

The COP26 Private Finance Hub, led by Mark Carney in his capacity as UN Special Envoy and Adviser to the Prime Minister, will focus on building a system that mobilises private finance to support the re-engineering of our economies for net zero. The objective for the private finance work for COP26 is simple: ensure that every

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