Climate change

Our focus is on helping the countries where we invest to progress towards net zero emissions by 2050, in a way that is socially just and meets people’s needs for prosperity and improved living standards.

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Climate change is a unique global challenge in terms of scale, urgency, magnitude and complexity of action. It undermines the development and change we work to achieve through our mandate.  Without decisive action, it will be particularly devastating for those living in Africa and South Asia.

Our goal is to play a meaningful role in tackling climate change, and supporting countries and communities in a successful and just transition to net zero and resilient economies.

Our Climate Change Strategy articulates how we will ensure that our activities and portfolio are aligned with the Paris Agreement, to support clean, inclusive and resilient growth in our markets.

The strategy is also aligned to the pillars of the Task Force on Climate-related Financial Disclosures (TCFD), the main international framework for integrating climate change opportunities and risks into the management systems of financial institutions and businesses.

Find out more about our approach here.

Key stats

£230m

climate finance commitments in 2019

20%

of our total commitments in climate finance since 2017

30%

of annual commitments will go to climate finance in 2021

2050

is the target for our portfolio to be net zero emissions

Key contacts

Jen Braswell

Director, Value Creation Strategies

Nicola Mustetea

Manager, Climate Change (VCS)

Amal-Lee Amin

Director, Climate Change, Value Creation Strategies