Race To Zero Campaign

Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

It mobilizes a coalition of leading net zero initiatives, representing 733 cities, 31 regions, 3,067 businesses, 173 of the biggest investors, and 622 Higher Education Institutions. These ‘real economy’ actors join 120 countries in the (link is external)largest ever alliance committed to achieving net zero carbon emissions by 2050 at the latest. Collectively these actors now cover nearly 25% global CO2 emissions and over 50% GDP.

Led by the High-Level Climate Champions for Climate Action – Nigel Topping and Gonzalo Muñoz – Race To Zero mobilizes actors outside of national governments to join the (link is external)Climate Ambition Alliance, which was launched at the UNSG’s Climate Action Summit 2019 by the President of Chile, Sebastián Piñera.

The objective is to build momentum around the shift to a decarbonized economy ahead of COP26, where governments must strengthen their contributions to the Paris Agreement. This will send governments a resounding signal that business, cities, regions and investors are united in meeting the Paris goals and creating a more inclusive and resilient economy.

 

Public consultation on the future of Race to Zero

The UN High-Level Champions for Climate Action - Gonzalo Muñoz and Nigel Topping - with the Race to Zero Partners have opened a public consultation calling for written submissions to help shape the future of the Race to Zero campaign.
The purpose of this consultation is to help implement member commitments and strengthen the campaign beyond COP26 to accelerate the transition to a zero carbon economy. This (link is external)written submission form is therefore seeking feedback around are four key areas for enhancement:

  • The creation of verifiable plans;
  • Tracking action and measuring impact;
  • Encouraging positive policy to ensure integrity;
  • Supporting members and holding them accountable to their commitments.

Each actor and institution is welcomed to reflect upon the contributions they can offer and the functions they can perform to halve emissions by 2030 and accelerate the shift towards a 1.5C aligned trajectory. In particular, feedback is sought from developing country stakeholders to continue broadening the reach and impact of the campaign.

The process for the public consultation is as follows:

  1. The High-Level Climate Champions, the UNFCCC and the Expert Peer Review Group, with the support of the Race to Zero Partners, opened the consultation through a public session on Wednesday, 23 June at 17:00 BST.
  2. Written submissions are welcomed from Wednesday, 23 June, 18:00 BST until Friday, 3 September, 12:00 BST. All submissions will be published on the Race to Zero website here.
  3. Responses will be reviewed by the UN High Level Climate Action Champions, the Race to Zero Partners and the UNFCCC. A closing session to outline the findings from the written submissions will be held in mid-September.
  4. Based on the feedback, the UN High Level Climate Action Champions, with the engagement of the Race to Zero Partners and through consultation with the UNFCCC and the Expert Peer Review Group, will lead a process to launch the next steps for the Race to Zero, involving all relevant partners.

Attached is a briefing document for further context.

With any questions, please contact RacetoZero@unfccc.int

How to join Race to Zero

How to join as an initiative or network: Towards COP26, the High-Level Champions will engage new coalitions and initiatives that match Race to Zero’s ‘minimum criteria’. Following the recent Criteria Review Process, these criteria have been updated and more information can be found here.
If you are planning on applying to become a partner please use the updated application form here.  With either application form, please submit a list of your members and send to: RaceToZero@unfccc.int

How to join as an actor: Individual actors (such as regions, cities, businesses and investors) are invited to join an initiative or network, which is an official Race to Zero partner. By joining one of the partners they will be directly included in Race to Zero.

Minimum criteria required for participation in the Race to Zero campaign

Defining the “Starting Line”

The High-level Climate Champions require that the commitments brought forward by networks and initiatives recognized in the Race to Zero campaign meet a minimum set of procedural criteria. 

These process criteria represent the “Starting Line” for the race, so meeting them does not necessarily imply that an actor is on track to net zero, only that they have begun the process.

These ‘meta-criteria’ are known as the Four ’P’s:

1.     Pledge: Pledge at the head-of-organization level to reach (net) zero GHGs as soon as possible, and by midcentury at the latest, in line with global efforts to limit warming to 1.5C. Set an interim target to achieve in the next decade, which reflects maximum effort toward or beyond a fair share of the 50% global reduction in CO2 by 2030 identified in the IPCC Special Report on Global Warming of 1.5C

2.     Plan: Within 12 months of joining, explain what actions will be taken toward achieving both interim and longer-term pledges, especially in the short- to medium-term.

3.     Proceed: Take immediate action toward achieving (net) zero, consistent with delivering interim targets specified.

4.     Publish: Commit to report publicly both progress against interim and long-term targets, as well as the actions being taken, at least annually. To the extent possible, report via platforms that feed into the UNFCCC Global Climate Action Portal.

To understand these criteria in more depth, please see our Interpretation Guide.

To help with understanding the various terms used, please see our Lexicon.

Race to Zero Partners

Race to Zero brings together net zero commitments from a range of leading networks and initiatives across the climate action community. Race to Zero collaborates with the following initiatives and networks, which have independently been mobilizing non-Party net zero commitments, and who all meet Race to Zero’s ‘minimum criteria’:

For businesses:

For sector-specific organisations:

For cities:

For finance initiatives:

For universities:

For regions:

Country-wide initiatives

Expert Peer Review Group

The High-Level Climate Champions have established an Expert Peer Review Group (EPRG) tasked with reviewing Race to Zero partner applications and providing independent recommendations to the Champions on whether the initiatives meet the Minimum Criteria for participation.

The EPRG considers applications from networks and initiatives on a rolling basis. It comprises scientific and technical experts and practitioners with relevant experience, including representatives from Race to Zero Partners. EPRG members serve in their individual capacity, not as representatives of their organisations, and are not compensated or remunerated for their time. The EPRG full Terms of Reference can be accessed here.  

Chair
T.Hale

Dr. Thomas Hale  

Tom is Associate Professor in Global Public Policy at the University of Oxford’s Blavatnik School of Government. His research explores how political institutions evolve--or not--to face the challenges raised by globalization and interdependence, with a particular emphasis on environmental, economic, and health issues. He holds a PhD in Politics from Princeton University, a Master of Global Politics from the London School of Economics, and a Bachelor of Arts in Public Policy from Princeton’s Woodrow Wilson School. His books include Beyond Gridlock (Polity 2017), Between Interests and Law: The Politics of Transnational Commercial Disputes (Cambridge 2015), and Transnational Climate Change Governance (Cambridge 2014). Tom leads the Oxford COVID-19 Government Response Tracker.

Members
Joshua Alpert

Joshua Alpert

Joshua serves as C40's Director of Special Projects. In this role, he currently works on the creation of an inclusive climate action plan for megacities, templates for city investment and divestment, and a host of other projects. Prior to starting with C40, Joshua was Chief of Staff to Mayor Charlie Hales in Portland, OR. As Chief of Staff, Josh worked with and advised the Mayor on long-range strategy and policy, led City efforts on addressing homelessness and was the lead for C40, where he helped launch a seven-city pilot to quantify and measure the green economy. Before joining Mayor Hales' administration, Joshua worked for 7 years as the Northwest Director of Conservation Strategies for The Trust for Public Land. Joshua holds a J.D. from the Northwestern School of Law at Lewis and Clark College and a BA in Philosophy from the University of Pennsylvania.

 Manjyot Kaur Ahluwalia

Dr. Manjyot Kaur Ahluwalia

Manjyot is the Senior Program Officer, US and International Climate Cooperation at World Wildlife Fund-US and co-convenes the Alliances for Climate Action on behalf of WWF and its global partners, providing strategic support to a growing body of national alliances across North America, Latin America, Africa and Asia. Manjyot holds a PhD in Public Administration and Environmental Policy from the School of Public Affairs at American University in Washington, DC, a Masters in Corporate Sustainability from the School of Sustainability, at Arizona State University, and a Bachelor of Economics from St. Xavier’s College, Mumbai.

Jesica Andrews

Jesica Andrews

Jesica is a Senior Project Manager at the United Nations Environment Programme Finance Initiative, where she leads portfolio target-setting with investors in the UN-Convened Net Zero Asset Owner Alliance. She also serves as the Co-Director of the Investor Agenda Investor Climate Action Plans Working Group. Prior to working with UNEP FI, she worked on climate change projects across with multiple UN agencies, governments and private firms across some 35 countries in Africa, Latin America and Asia. Jes supports investors in understanding climate risk and aligning with the UNFCCC Paris Agreement. She graduated summa cum laude from the University of New Mexico with a Bachelor of Arts in Political Science and Economics and holds a Master of Finance from the University of Cambridge, Judge Business School.

Kyra Appleby

Kyra Appleby

Kyra leads CDP’s Cities, States & Regions team, having joined the organisation in 2010. Prior to her role at CDP, Kyra worked in various research positions at NBC Universal, eMarketer and the City of New York. She holds a Master of Public Administration from Colombia University’s School of International and Public Affairs and a degree in Environmental Earth Science from the Johns Hopkins University. @AppleKyra

Nick Blyth

Nick Blyth
 
Nick is Policy and Practice lead for IEMA, on Climate Change, Natural Environment and Corporate Sustainability, collaborating across professions, partners and stakeholders.  He is also the Convener of ISO’s new Climate Change Coordination Committee and helped establish ISO Working Group 15 for ISO14068, a developing International Standard on carbon neutrality. Nick has led the development of a range of professional guidance including the development of IEMA’s GHG Management Hierarchy and with partners to develop UK principles for Biodiversity Net-Gain.  In 2016, he led the transition of IEMA to encompass a broader Corporate Sustainability focus, and merger with the Global Association of Corporate Sustainability Officers (GACSO). He has developed profession-based evidence in support of major policy developments and is experienced in climate change related guidance and standards. Nick has multi-sector experience and is both a fellow of the Institute of Environmental Management and Assessment (IEMA) and a Chartered Environmentalist (CEnv).

Derik Broekhoff

Derik Broekhoff

Derik is a Senior Scientist with the Stockholm Environment Institute, where his work focuses on the effective design and implementation of environmental market mechanisms, and assessing subnational and local climate mitigation policies. Prior to joining SEI, Derik was Vice President for Policy at the Climate Action Reserve in Los Angeles, where he oversaw development of the Reserve’s voluntary carbon offset program and its transition into California’s regulatory cap-and-trade program. Before that, he served on the Greenhouse Gas Protocol Initiative team at the World Resources Institute, where he managed work on the design of emissions trading programs and greenhouse gas accounting standards. Derik has a Master of Public Policy from the University of California at Berkeley, and a Bachelor of International Relations from Stanford University.

Cesar Carreño

Cesar Carreño

Cesar is the Head of Climate Data at ICLEI – Local Government for Sustainability, a global network of more than 1,750 local and regional governments committed to sustainable urban development, where he assists with GHG inventories validation with over 120 cities. He is a member of SuRe Standard Committee, IG3IS Stakeholder Committee, the Advisory Committee for The Climate Infrastructure Partnership, and technical working group for emissions and GHG targets for the Global Covenant of Mayors for Climate and Energy. Cesar has a Bachelor in Agricultural Engineering with a minor in business management from Universidad Católica de Guayaquil, a Master of Project Management from Universidad de León, Spain, and a Master of Sciences in International Material Flow Management from FH Trier in Germany.

Alberto Carrillo Pineda

Alberto Carrillo Pineda

Alberto is Director of Science Based Targets at CDP. He leads CDP's efforts to help mainstream climate action within the corporate sector through the adoption of science-based GHG emission reduction targets. Alberto is co-founder of the Science Based Targets initiative, the largest voluntary climate mitigation initiative for businesses, and represents CDP in the Steering Committee of the initiative. In his previous role, Alberto led WWF’s climate and business strategy at the global level as part of WWF’s Global Climate and Energy Initiative. In his role, Alberto oversaw WWF’s global climate & business platforms, including WWF’s Climate Savers leadership program and the Science Based Targets initiative. Alberto holds a Master of Science (Environmental Change and Management) form the University of Oxford and a Bachelor of Science (Chemical Engineering) from Universidad Nacional Autonoma de Mexico. 

Cynthia Cummis

Cynthia Cummis

Cynthia is the Director of Private Sector Climate Mitigation at the World Resources Institute. In this role, she leads WRI’s efforts on science-based targets and is a co-founder and Steering Committee member of the Science Based Targets initiative. In her prior WRI roles, Cynthia was the Deputy Director of GHG Protocol and also managed the development of the GHG Protocol Scope.3 and Product Life Cycle Accounting and Reporting standards. Before joining WRI, Cynthia was the Director of Carbon Management at Clear Carbon Consulting where she managed carbon quantification and management projects for multiple Fortune 500 clients and large public institutions and she was also the Founding Director of U.S. EPA’s Climate Leaders Program, a voluntary program that partnered with businesses to develop corporate-wide greenhouse gas inventories and reduction goals.

Todd Edwards

Dr. Todd Edwards

Dr. Todd Edwards is the Executive Director of Camda for credible climate action. Until 2020, Todd was the principal advisor of research and analytics at Mission 2020 and was a co-chair of Camda for credible climate action. In his Camda capacity he is a ClimateWorks Fellow and a member of the High-level Climate Champions’ team for COP26. He is also a member of the Expert Peer Review Group for the Race to Zero campaign led by the UNFCCC. Todd is a co-founder and steering committee member of Galvanizing the Groundswell of Climate Actions.
Prior to joining the Mission 2020 campaign in 2016, Todd was the head of climate change programming at The Stanley Center for Peace and Security where he helped develop the foundation’s strategy on global policy coordination and advocacy across national and subnational governments and the private sector.
As a previous director of sustainability at a consulting firm, he led cross-functional teams in energy management, greenhouse gas accounting, and sustainability projects for cities, multinational corporations, power utilities, and public institutions. He was also a research fellow at the former Brussels Institute of Contemporary China Studies.
Todd has a Ph.D. in political science from Vrije Universiteit Brussel with a focus on the role of subnational and non-state actors within global climate change governance. He has a M.A. in international relations from Brussels School of International Studies and a B.S. in economics.

Paula Ellinger

Paula Ellinger

Paula leads Fundación Avina´s Climate Action Program, engaging with local and sub-national actors as well as national governments and regional networks, to accelerate the transition towards a net-zero and resilient future. Paula is member of the technical committee of Climate Finance Group of Latin American and the Caribbean (GFLAC) and was part of the Executive Committee of the Center for Climate Change and Decision Making Between 2014 and 2016. She holds a Bachelor of International Relations from Universidade de Brasília and Master of Local and Regional Development from the International Institute of Social Studies, part of Erasmus University Rotterdam.

Nehmat Kaur

Nehmat Kaur

Nehmat is Head of Global Government Relations for the Climate Group’s Under2 Coalition Secretariat. For more than ten years, she has worked with key government and private sector stakeholders on accelerating climate action in India and across the world through evidence-based analysis, expertise and stakeholder engagement. She has worked on a wide range of issues including energy efficiency, clean energy, energy access, clean transportation, international climate policy, air quality and climate resilience. Nehmat has a Bachelor of Economics from the University of Delhi and a Master of Development Studies from the London School of Economics and Political Science.

Kennedy Liti Mbeva

Kennedy Liti Mbeva

Kennedy is currently a PhD candidate at the School of Social and Political Sciences, and the Climate and Energy College, University of Melbourne. He is also the Co-Convenor of the African Research & Impact Network (ARIN). Kennedy’s research examines the role of trade policy in global climate governance. Kennedy has previously worked in public policy research and served in international climate diplomacy.

Miguel Naranjo

Miguel Naranjo

Miguel Naranjo is Programme Officer with the United Nations Climate Change Secretariat in Bonn, Germany. He worked as process engineer and environmental supervisor for a transnational corporation and later joined the United Nations Environment Programme, in the climate change team. He joined the UN Climate Change Secretariat in 2011, where he has focused in capacity building for mitigation and carbon market mechanisms, and promoting climate action among the private sector and other stakeholders.

Dan Osusky

Dan Osusky

Dan is the Director of Standards at B Lab, a global non-profit that serves people using business as a force for good. As Director of Standards Dan is responsible for the standards and content of the B Impact Assessment, the social and environmental performance measurement and management tool used to certify B Corporations. The B Impact Assessment is currently used by more than 100,000 businesses, ranging from publicly traded multinationals to SMEs, to measure, compare, manage, and improve their impact on stakeholders including workers, community, customers, and the environment.

Virginia Vilariño_EPRG

Virginia Vilariño

Degree in Environmental Sciences, with Specialization in Chemical Sciences and Environment, Specialization in Policies and Instruments of Environmental Management and Master in Project Evaluation. She is Climate and Energy Manager at the Business Council for Sustainable Development in Argentina (CEADS). CEADS is the local chapter of the WBCSD, a global, CEO-led organization of over 200 leading businesses working together to accelerate the transition to a sustainable world. Since 2004, she has been leading programs and initiatives to promote climate action in the business sector, both individually and collaboratively among sectors and actors, through business-led solutions across renewable energy, circular economy, sustainable food system, natural climate solutions and SDGs. Most recently, her work is focused on promoting carbon disclosure and science based targets among companies in the region, in alliance with CDP Latin America. Currently she is Lead Author of the IPCC Sixth Assessment Report (AR6) on Climate Change Mitigation and previously was Lead Author of the IPCC Fifth Assessment Report (AR5) and the Special Report on the Impacts of Global Warming of 1.5°C above Pre-industrial Levels. She is a member of the Climate Policy Working Group of the WBCSD. She participates in the expanded round-table of the National Climate Change Cabinet in Argentina, promoting business engagement in climate policy. She is a Member of the Community of Practice (CoP) on Private Sector Engagement in Climate Policy Processes in Latin America, facilitated by the EUROCLIMA+ Program, GIZ, the Regional Platform of Low Emission Resilient Development Strategies (LEDS LAC) and INCAE Business School. She acted as Expert Member of ISO Working group on GHG management in the value chain and been engaged in the development or pilot testing of GHG Protocol standards for agriculture and land sector. She also presents seminars and is a visiting lecturer at various academic institutions.

Peter Boyd_EPRG

Peter Boyd

Peter Boyd is Lecturer at Yale School of the Environment and Resident Fellow at Center for Business and the Environment. Outside Yale, he is Founder & CEO of Time4Good, helping Leaders and their teams build purpose-driven paths to maximum impact. He also serves as an advisor to REDD.plus and Chair of ‘Sustainable Westport’ in his hometown of Connecticut. For over twenty years he has worked on, led and advised, high-growth organizations on purpose-driven leadership and the transition to net-zero and beyond. He was Launch Director and COO of Sir Richard Branson’s Carbon War Room; served as Chair of The Energy Efficiency Deployment Office for the UK Department of Energy & Climate Change; and led The B Team’s ‘Net-Zero by 2050’ initiative focused on business encouragement of an ambitious Paris Agreement at COP21. The Charity & Government experience followed twelve years at the Virgin Group (including CEO of Virgin Mobile South Africa), and his first job with McKinsey & Co.

Joana Setzer_EPRG

Joana Setzer

Joana is an Assistant Professorial Research Fellow at the Grantham Research Institute on Climate Change and the Environment, at the London School of Economics and Political Science, where she leads the Climate Change Laws of the World project – the most comprehensive global resource on climate legislation and litigation. Joana was a British Academy Post-Doctoral Fellow. She holds a PhD and an MSc from the LSE, a Masters and a BA in Law from the University of Sao Paulo. Prior to moving to the UK, she worked as an environmental lawyer in Brazil. Joana regularly advises a range of international, governments and non-governmental organisations.

Marcelo Mena-Carrasco_EPRG

Marcelo Mena-Carrasco

Marcelo Mena is a scientist and professor turned activist and policymaker. He is the director of the Climate Action Center at Pontificia Universidad Católica de Valparaíso (PUCV). Previously he was the practice manager in climate research at the World Bank and the former vice minister and minister of the environment for Chile under President Bachelet from 2014 to 2018. He spearheaded multiple environmental initiatives such as taxes on new car sales and power generation based on local and global air pollution — the first of their kinds globally. He helped craft a landmark agreement to phase out coal power generation, create 45 thousand square kilometers of national parks, protect 1.3 million square kilometers of ocean and institute the first national plastic bag ban in the Americas. At the World Bank, Mena helped create the Coalition of Finance Ministers for Climate Action, which includes 62 member countries that represent 63 percent of global GDP and 39% of global emissions., and contributed to the Action Plan on Climate Change Adaption and Resilience and methodology on Paris Alignment. Mena earned his PhD in environmental engineering, focusing his research on estimating the externalities of biofuels, power generation, transportation and residential heating. He used his research to advocate for renewable energy and push for more stringent regulations to stop dirty coal power generation in Chile. In his career, he has received awards from UNEP, National Geographic, Oceans Unite, NASA and EPA as well as fellowships from MIT and the Fulbright Commission.

Emma Watson_EPRG

Emma Watson

Emma Watson joined CDP in 2021 as the SBTi’s Senior Manager for Net-Zero. Under the strategic direction of the SBTi’s Steering Committee, Emma is leading the development of the Corporate Net-Zero Standard. Previously, Emma worked at Carbon Intelligence where she led delivery of strategic services. At Ci, Emma was the technical lead for their science-based targets offering – a service which she developed and brought to market – and had worked with 30% of UK companies with approved science-based targets at the time of her departure. Emma has extensive knowledge of the Greenhouse Gas Protocol and Scope 3 Standard, and co-authored the UK Green Building Council’s Guide to Scope 3 Reporting in Commercial Real Estate. Emma has also worked at environmental consultancy, RPS Group, and gained an MSc in Carbon Management and BSc with Honours in Environmental Science, both from the University of Edinburgh. Emma is based in London.

Yixian Sun_EPRG

Dr. Yixian Sun

Yixian is a Lecturer (Assistant Professor) in International Development at the University of Bath. His research explains the changing role of China in global environmental and climate governance, including sustainability transitions within China as well as sustainability impacts of China’s overseas engagement. Prior to moving to Bath, he worked as a Postdoctoral Fellow at Yale School of Forestry and Environmental Studies. Yixian holds a Ph.D. and a Master in Political Science from the Graduate Institute of International and Development Studies (IHEID) in Geneva, a B.A. from Nanjing University. He is the author of Certifying China: The Rise and Limits of Transnational Sustainability Governance in Emerging Economies (The MIT Press 2022) and has published his work in leading scientific journals on environmental policy and politics including Global Environmental Change, Global Environmental Politics, and Ecological Economics.

Lisa Benjamin_EPRG

Dr. Lisa Benjamin

Lisa Benjamin is an Assistant Professor at Lewis & Clark Law School in Portland Oregon. Her research includes climate impacts and actions of non-state actors, including companies and institutional investors, with a focus on energy companies. Her doctoral studies focused on carbon major companies, corporate and energy law and climate change, and is the basis for her monograph with Cambridge University Press Companies and Climate Change: Theory and Law in the United Kingdom (April 2021). She is currently a member of the Compliance Committee (Facilitative Branch) of the United Nations Framework Convention on Climate Change, nominated by GRULAC states, and a Director of the Northwest Environmental Defense Center.
Lisa received her B.A. from McGill University, her LL.B. from University College London, her LL.M. from University of London and her PhD from the University of Leicester. In 2018 she was a postdoctoral Global Leaders Fellow at the Blavatnik School of Government, Oxford University, and 2019 she was a postdoctoral fellow at the Schulich School of Law at Dalhousie University in Canada. Prior to academia, she was in private practice for eight years, as an associate in the commercial department of CMS Cameron McKenna in London (now CMS Cameron McKenna Nabarro Olswang LLP), and was a legal advisor to The Bahamian Government in the Paris Agreement negotiations.

 

Finance Sector Expert Group for Race to Zero and Race to Resilience

The High-Level Climate Champions have established the Finance Sector Expert Group for Race to Zero and Race to Resilience (FSEG) to advise them on consistent, fair, and rigorous interpretation guidelines of the Race to Zero and Race to Resilience criteria for the finance sector.

Where appropriate and in consultation with partners, the FSEG will produce guidance to support finance actors participating in Race to Zero and Race to Resilience, support the Expert Peer Review Group (EPRG) deliver its review and advisory functions for finance actor-related networks and initiatives, and support the creation and maintenance of a community of practice for finance actors participating in Race to Zero and Race to Resilience.

FSEG comprises experts and practitioners with relevant experience, including representatives from Race to Zero and Race to Resilience Partners. FSEG members serve in their individual capacity, not as representatives of their organisations, and are not compensated or remunerated for their time. The FSEG full Terms of Reference can be accessed here.

 

Chair
Ben Caldecott Chair FSEG

Dr. Ben Caldecott

Dr Ben Caldecott is the founding Director of the Oxford Sustainable Finance Programme at the University of Oxford Smith School of Enterprise and the Environment. At the University of Oxford, he is the inaugural Lombard Odier Associate Professor and Senior Research Fellow of Sustainable Finance, the first ever endowed professorship of sustainable finance, and a Supernumerary Fellow at Oriel College. Ben is also the founding Director and Principal Investigator of the UK Centre for Greening Finance & Investment (CGFI), established by UK Research and Innovation in 2021 as the national centre to accelerate the adoption and use of climate and environmental data and analytics by financial institutions internationally. Since 2019, he has also been seconded to the UK Cabinet Office as the COP26 Strategy Advisor for Finance. Full biographical information can be accessed (link is external)here.

Members
Dr. Amal-Lee Amin_FSEG_member

Dr. Amal-Lee Amin

Amal-Lee is a passionate advocate for sustainable development. In 2019 she was recognized by Apolitico as one of the top 100 influencers on climate policy. Her professional experience includes ten years leading policy on climate change and development, sustainable energy and green finance within the UK Government; seven years at the Inter-American Development Bank, most recently as Chief of the Climate Change and Sustainability division and; developing a new international climate finance programme at the think-tank E3G.  
In 2020 Amal-Lee joined CDC Group as Director of Climate Change leading a team on development and implementation of a new strategy for aligning financial flows to the Paris Agreement. In this role she is developing partnerships for increasing climate financed investments, including a new collaborative for accelerating investment in climate adaptation and finance roadmaps for a just transition in India and South Africa. In 2021 Amal-Lee is also serving as a senior advisor on public finance to the UK Government COP26 Unit.
Amal-Lee’s professional career is underpinned by PhD in Science and Technology and her thesis assessing the social, economic and environmental drivers within the power sector of developing countries implications for technological change. Case studies were undertaken on the potential for commercialization of renewable electricity in India and South Africa. 

Dr. Barbara Buchner FSEG member

Dr. Barbara Buchner

Dr. Barbara Buchner is Global Managing Director of Climate Policy Initiative, and Executive Director of its widely renowned Climate Finance program. (link is external)Named one of the 20 most influential women in climate change, Barbara advises leaders on climate, energy, and land use investments around the world.
Barbara directs the (link is external)Global Innovation Lab for Climate Finance, (the Lab) and its sister programs in Brazil and India. The Lab’s public-private approach solicits, shapes, and tests cutting edge climate finance instruments that resolve financing barriers hindering alternative energy, adaptation, and land use projects. Instruments from the Lab have mobilized over 2.3 billion US dollars for sustainable development in developing countries in just six years. She is also the lead author on CPI’s (link is external)Global Landscape of Climate Finance, which has set the benchmark for climate finance tracking
She is on the Advisory Board of the (link is external)BCFN Foundation, the Evaluation Board of the World Economic Forum’s Sustainable Energy Innovation Fund, and a member of the (link is external)One Planet Lab.

 

Cynthia Cummis

Cynthia is the Director of Private Sector Climate Mitigation at the World Resources Institute. In this role, she leads WRI’s efforts on science-based targets and is a co-founder and Steering Committee member of the Science Based Targets initiative. In her prior WRI roles, Cynthia was the Deputy Director of GHG Protocol and also managed the development of the GHG Protocol Scope.3 and Product Life Cycle Accounting and Reporting standards. Before joining WRI, Cynthia was the Director of Carbon Management at Clear Carbon Consulting where she managed carbon quantification and management projects for multiple Fortune 500 clients and large public institutions and she was also the Founding Director of U.S. EPA’s Climate Leaders Program, a voluntary program that partnered with businesses to develop corporate-wide greenhouse gas inventories and reduction goals.

Gustavo Pinheiro_FSEG

Gustavo Pinheiro

As the coordinator of the Zero Carbon Economy portfolio at (link is external)iCS, Mr. Pinheiro supports initiatives that contribute to the acceleration of the decarbonization of the Brazilian economy. Mr. Pinheiro co-founded (link is external)Convergence for Brazil, a network of finance leaders including former Ministers and Central Bankers; (link is external)Climate Ventures, a non profit catalyzing climate solutions entrepreneurship; (link is external)Investors For Climate, a network engaging and developing capacities of Brazilian Investors towards the adoption of Science Based Targets and Portfolio Decarbonization Commitments and the impact venture firm Bratus Natural Capital, with a social and environmental impact investment thesis.
Previously he was the Director for Government Relations for The Nature Conservancy (TNC) in Brazil, leading advocacy efforts on environmental, infrastructure and agriculture policy, and contributed to indigenous lands sustainable development while working with Instituto Socioambiental (ISA). Earlier in his career, Mr. Pinheiro managed ABN-AMRO Bank’s corporate digital channel operations, and consulted for the Inter-American Development Bank (IDB), the Ministry of Culture and the São Paulo Transportation Department. Mr. Pinheiro has a background in public administration, specialized on economic conservation tools and social change, and an interest in social and technological innovation. He serves on the boards of Climate Ventures, Bratus Natural Capital and (link is external)Amaz Impact Accelerator and is a columnist at (link is external)Economeaning.

Herry Cho_FSEG

Herry Cho

Ms Herry Cho joined Singapore Exchange (SGX) as Managing Director, Head of Sustainability and Sustainable Finance on 8 February 2021. She drives SGX’s sustainability and sustainable finance strategic direction and implementation, with the aim of transforming SGX and its ecosystem into a world-class, trusted multi-asset sustainable exchange.
Ms Cho pioneered in the development of Asia Pacific’s sustainable finance markets, in her former role as the Head of Sustainable Finance APAC at ING Bank N.V. from 2017. There she led the origination and execution of sustainable finance transactions including green/social/sustainability bonds and loans, and delivered sustainability advisory. Furthermore, she shaped the international market standards having served on the Executive Committee Board of the International Capital Market Association (ICMA)’s Green/Social/Sustainability Bond Principles, was the sustainability lead on ICMA’s APAC regional committee and on the Loan Market Association’s Green Finance Committee.
Ms Cho leverages on a broad financial background having previously worked for almost decade in Mergers and Acquisitions Advisory, Capital Structuring and Advisory, and Equity & Debt Capital Markets. Based in Singapore, Ms Cho has previously worked in Hong Kong, London and Amsterdam.
Ms Cho holds a combined Bachelors and Masters (MBioch) Degree in Molecular and Cellular Biochemistry from the University of Oxford, UK.

Jakob Thomae FSEG member

Jakob Thomae

Jakob Thomae is Managing Director of 2° Investing Initiative Deutschland. He co-founded the 2° Investing network in New York and Berlin and manages the think tank’s research on long-term risk management and climate stress-tests.
Jakob led the development of the first climate scenario analysis tool for financial portfolios (PACTA), applied by over 1,000 organizations around the world. The public source tools are used by one third of the largest 75 banks, and financial supervisory authorities across Europe, North and South America, and Asia. He also authored the first COVID-19 stress-test scenarios, informing the regulatory response of supervisors in Europe and the United States to the crisis.
Jakob also leads the organization’s partnerships with a number of financial supervisors and governments in Europe, including as Advisor to EIOPA, Special Research Fellow to the Japanese Financial Services Agency, and previously as Academic Advisor to the Bank of England. He holds a PhD in Finance from the Conservatoire National des Arts et Metiers. Jakob is also Senior Fellow at the School of Oriental and African Studies, University of London, where he teaches a Green Finance course.

Kate Levick FSEG member

Kate Levick

Kate Levick leads E3G’s activities on Sustainable Finance, working with a wide range of public and private finance sector stakeholders to support ambitions finance and climate policy outcomes.
Prior to joining E3G Kate was the Global Director for Policy Engagement at CDP, a not-for-profit that operates a global disclosure system for institutional investors, companies, cities, states and regions to manage their environmental impacts. She previously worked for the UK government’s Office of Climate Change helping to develop international and domestic climate policy, following several years working for BP Plc in a variety of commercial and environmental roles.
Kate is a member of the British Standards Institute Steering Advisory Group for Sustainable Finance and represents E3G in the Innovation Working Group of the UK’s Climate Financial Risk Forum.

Margaret L. Kuhlow FSEG member

Margaret L. Kuhlow

Margaret L. Kuhlow leads WWF’s Finance Practice, providing strategic direction and thought and content leadership to WWF’s global engagement with the finance sector. Before joining WWF, Ms. Kuhlow was Vice President of Investment Policy at the Overseas Private Investment Corporation, where she also led the agency’s approach to the Sustainable Development Goals. She has worked in development assistant as a member of the team that established and implemented the U.S. Government’s Millennium Challenge Corporation, leading the new agency’s approach to environmental and social assessment of major investment projects. She worked on issues of global macroeconomics and development at the U.S. Department of the Treasury, and in her 25-year career has lived and worked extensively in developing and emerging markets and has broad sectoral experience in sustainable investment, project finance, and grant making. She holds a Master in Public Policy degree with concentration in International Trade and Finance and Political and Economic Development from Harvard University’s John F. Kennedy School of Government.

Matthew Scott FSEG member

Matthew Scott

Matt Scott is a Senior Director in Willis Towers Watson’s Climate and Resilience Hub.  Scott brings more than two decades of experience at the intersection of climate, finance and sustainable business. At the Bank of England, he created the formative physical, transition and liability framework for climate related financial risks and led the Bank’s Climate Hub under Executive Director Sarah Breeden. He also supported the international agenda through the Anglo-Chinese chaired G20 Green Finance Study Group and Central Bank and Supervisors Network for Greening the Financial System (NGFS). In 2018 he was seconded to Government, where he led the development and launch of the UK's Green Finance Strategy which set expectations for mainstream TCFD disclosure by 2022.  Prior to joining the Bank, Scott has a background in science and, following an MBA at Stanford Business School, became a social entrepreneur, delivering solar lighting to off-grid villages in emerging markets. He also has experience in impact investing and teaches at the University of Oxford.

Stacy Swann FSEG

Stacy Swann

Stacy Swann is the CEO and Founding Partner of Climate Finance Advisors, a benefit LLC based in Washington, DC with expertise in banking, development finance, and climate change. During her career, Ms. Swann has held senior positions with the World Bank Group, and its private sector arm, the International Finance Corporation (IFC), as well as with the US Department of Treasury, Enron Corporation, and other organizations. For more than twenty years, she has worked with policymakers and financial institutions on issues related to mainstreaming climate considerations across both investment and policy and has particular expertise in blended finance, climate finance, climate-smart fiscal policies, and approaches to identify, assess and manage climate risk.
In addition to leading Climate Finance Advisors, Ms. Swann currently sits on the Board for the Montgomery County Green Bank the United States’ first county-level green bank and is Chair of its Investment Committee. She sits on the Design Funding Committee for Convergence Blended  Finance, an organization supporting blended finance approaches globally, with a goal of increasing private sector investment in developing countries. She is also a member of the Board of the Global Water Partnership, a global action network of more than 3,000 Partner bodies in 179 countries focused on building sustainable water systems globally.

Vladimir Stenek_FSEG

Vladimir Stenek

Vladimir Stenek is Senior Climate Change Specialist at the International Finance Corporation, the private sector lending arm of the World Bank Group. He leads IFC’s Climate Risk and Adaptation Program, which provides investment and operational solutions to the challenges of climate change impacts. Vladimir holds graduate and undergraduate degrees from UC Berkeley, California; PUC, Santiago, Chile; and UNI, Lima, Peru.

 

Secretariat

Charlotte Slaven, E3G
Raphaelle Vallet, Climate Champions
Moritz Baer, University of Oxford
Jimmy Jia, University of Oxford
Sohara Mehrose, University of Oxford