Investing to Tackle Climate Change
The crucial role of private investment in efforts to achieve net zero will be set out by First Minister Nicola Sturgeon today as part of Finance Day at COP26.
The First Minister will join the Mayor of London Sadiq Khan at the opening session of a Green Investment Showcase to detail how private investors can help drive the green industries of the future.
The First Minister will emphasise Scotland’s role as a world leader in sustainable industries and highlight the associated investment opportunities that exist – including through Scotland’s Green Investment Portfolio, now valued at £2 billion and expected to reach £3 billion in 2022.
The Showcase, hosted by Scottish Enterprise, will be attended by international and UK-based institutional investors, along with climate and clean tech companies seeking investment.
The role of finance is a critical aspect of our response to the climate emergency.
Private investment in the green industries and jobs of the future is central, and this Scottish Government is determined that Scotland be a world-leader on this front.
Incentivising such investment will be essential to ensuring a transition to a net-zero economy that leaves no one behind.
It’s Finance Day at #COP26
— COP26 (@COP26) November 3, 2021
– First Minister Nicola Sturgeon:
COP26 provides what is possibly our best chance to advance the societal and economic change that is demanded by the climate emergency, delivering lasting action towards net zero and a climate-resilient future.
By grasping the opportunities provided by green industries and supply chains, we can create the good green jobs of the future and secure a just transition away from fossil fuels.
The role of private capital is fundamental to achieving this and governments must do what they can to channel investment into areas supporting transformational change.
Through our Green Investment Portfolio, which is already valued at £2 billion, the Scottish Government highlights a range of exciting, commercially assessed investment propositions to investors and showcases businesses in Scotland as world leaders in innovative green industries of the future.