Statement by Management on the annual report
Identifikation af den godkendte årsrapport:The Board of Directors and the Executive Board have today considered and approved the annual report of Climate Investment Coalition F. m.b. a for the financial year 01. 01. 2022 - 31. 12. 2022.
Management's review
Beskrivelse af virksomhedens væsentligste aktiviteter:Primary activities
Overview
Overview
In 2022, the Climate Investment Coalition (CIC) acted as the flagship climate finance initiative of the World Climate Foundation, engaging with public and private sector partners to transition its efforts towards supporting climate finance deployment.
Led by a Steering Committee, made up of World Climate Foundation, the Danish Ministry of Climate, Energy & Utilities and Ceres, the CIC had four working tracks of activities:
1. Mobilise & Report on Global Climate Investments by 2030
2. Accelerate Green Investments in Emerging Markets & Developing Economies
3. Accelerate Innovative Deployment of Climate Capital through Best Practice Models and Partnerships
4. Create Cross-Sector Investment Partnerships through Stakeholder Convening
Activities
The following activities were carried out within each Working Track:
• Mobilise & Report on Global Climate Investments by 2030
In 2022, the CIC took a key focus on collecting the reporting from Nordic pension funds involved in the USD130 billion commitment for climate solution investments by 2030. This announcement had been made in Glasgow, at COP26 by Nordic heads of state and pension fund CEOs. The CIC coordinated outreach and engagement to its Nordic pension fund members, to collect the reporting on progress of this commitment in the first financial year following the announcement. This reporting showed significant progress, despite the volatile and uncertain economic conditions in global financial markets.
• Emerging Markets and Developing Economies
A partnership was established with the Danish Government (through the Ministry of Climate, Energy & Utilities) and the Nordic Council of Ministers, with a focus on accelerating private sector finance into emerging markets and developing economies. This activity track resulted in a high-level session, hosted by CIC at the Nordic Pavilion, in the Blue Zone of COP27 in Sharm-el-Sheikh on 9 November. The Climate Investment Coalition (CIC), in collaboration with the Nordic Council of Ministers, presented an overview of Nordic pension fund investment progress and key investor recommendations, all laying out a pathway to support bridging the climate finance gap by 2030 towards emerging markets and developing economies.
• Partnerships for Best Practices
The CIC began partnering with leading organisations to support strengthening investor knowledge and understanding of financial strategies and vehicles for climate finance deployment. High-level convenings were used to facilitate the best practice knowledge-sharing and partnership building amongst public and private sector stakeholders.
• Roadmap of Events
The CIC hosted its flagship event; the Climate Investment Summit, for the first time in London alongside London Climate Action Week. The Summit was held at the London Stock Exchange, bringing together industry leaders to explore innovative strategies for the acceleration and deployment of investments in global climate solutions this decade. Climate Investment Summit 2022 convened a diverse range of public-private stakeholders, including governments, energy companies and financial institutions to take a market-oriented approach to present best practices, strategies and solutions for investments in climate and Nature-Based Solutions this decade. The global network of participants at the Summit shared a clear signal that, despite unprecedented economic and social turmoil, climate investments are the future.
In addition, the CIC positioned climate finance topics as partners to the World Biodiversity Summit (21 September) in New York, alongside New York Climate Week and as a core programming partner for The Investment COP, held at World Climate Summit (13-14 November), alongside the COP27 negotiations.
LoginOpret gratis brugere-conomic integration