Last November's COP26 summit resulted in a host of pledges from governments around the world, including almost 200 countries agreeing the ‘Glasgow Climate Pact’ to accelerate global climate action. Its Private Finance agenda focused on building a system that mobilises private finance to support the re -engineering of our economies for net zero. This spotlight on finance emphasises the need to embed climate considerations in actuarial work and advice. It also provides opportunities for the profession to support clients in meeting new climate reporting requirements and navigating the net zero transition.
During this event we will:
- look back at the COP26 summit’s key outcomes and their implications for the actuaries and our work
- hear reflections from an actuary who worked as part of the COP26 Private finance initiative and attended the November summit in person
- discuss progress and emerging challenges 4 months on from COP
Speakers:
Sara Ronayne
Sara is an actuary at the Government Actuary’s Department (GAD) where she has worked since 2014. Over the last few years climate change risk management has become an increasing focus in her work at GAD. She has supported several government departments with climate-risk related projects and workstreams and recently spent 3 months seconded to HM Treasury’s COP26 Private Finance Hub in the run up to the COP26 summit in Glasgow. Read this blog to find out more about her COP26 experience. She is active as a volunteer for the actuarial profession, and is currently a member of the IFoA Sustainability Board and co-chair of the IFoA Sustainability Early Careers Board.
John Bayliss
John is an actuary with a varied background in pensions and investments. He is also a CFA charterholder, and has recently completed the CFA ESG module. John has worked for the Government Actuary’s Department for the last seven years, currently leading on Business Development across the large department that sponsor Public Service Pensions Schemes, with a particular focus on DLUHC and Cabinet Office. John spent 19 months on secondment at UKGI, heading up the student loans modelling team there. Prior to joining GAD John spent 12 years in Australia and 2 years in New Zealand before that, having previously qualified as an actuary with Aon Consulting in the UK. John has been a member of the IFoA Sustainability Board for the last three years, with a focus on education for both trainee and qualified actuaries. He is a keen cyclist, squash player and runner; a foodie and wine lover; traveller and francophile.
Mike Clark
Mike is Founder Director of Ario Advisory, a responsible investment advisory firm. Mike represents the IFoA on the Advisory Council to the Sustainable Finance Programme at Oxford's Smith School. He authored the IFoA curated climate reading list. Mike spent nearly four years as a NED at Brunel (LGPS) and was Specialist Adviser to the House of Commons Environmental Audit Committee (EAC) for their 2018 Green Finance inquiry. He continues to be involved with the work of Select Committees. His network extends from parliament to one of the co-founders of Extinction Rebellion. His work across the financial system has a strong focus on the financial risks of climate change, and currently how the present set of economic climate scenario modelling understates estimated GDP losses, potentially significantly, because economics fails us here.
Event organiser
Contact Niki Park for more information.
020 7632 2152