‘There were concerns the announcement was more promotional than tangible. “A lot of this came down to Carney’s desire to have something branded as his own thing,” says Ben Caldecott, finance strategy adviser to the UK government in the run-up to COP26. “It became a running joke among those working on finance for Glasgow.”
“Civil society knew that many of the finance sector commitments were rubbish, so we needed to be proactive on integrity,” says Caldecott, who also leads the University of Oxford’s sustainable finance group.’
Read the full article via Financial Times.