Lord Adair Turner, Member of the UK’s Financial Policy Committee, former Chairman of the Financial Services Authority and former Chairman of the Pensions Commission and the Committee on Climate Change.
Guildhall, London, 27th October 2015
Lord Adair Turner closed the event with a brilliant speech on how the business and investment communities need to drive the change to move beyond fossil fuels.
This change happens because “a set of technological developments occur which we did not anticipated (e.g. collapse in price of solar PV).”
This change happens because “there is an accumulation of national actors who are willing to take action (e.g. major step forwards in China’s environmental policy over the last year).”
“In Paris we will have the opportunity to codify and reinforce a set of already existing agreements.”
The responsibility don’t fall on governments only, but on “business, institutional investors and asset managers.”