Thanks to your commitment and support, which we are delighted to see increasing day by day, CCRI continues to advance its technical workplan at pace.
Dear members and friends,
The excellent work on credit risk and resilience at the cash flow model level of the ADS working group and the overwhelming support following the initial invitation of interest in the Systemic Resilience Forum are just two examples.
Thanks to this progress at the technical level - combined with support from the UK government, the COP26 Unit and key figures in international climate action such as Mark Carney – 2021 continues to be a very positive year. CCRI membership is now at 97 members, representing USD 16tn in assets. The importance of the work being led by the Coalition also received welcome recognition in the Communique from this summer’s G7 Foreign and Development Ministers’ Meeting in London.
Progress to date has been exceptional. Whilst increased visibility and recognition may also mean greater scrutiny and expectation, we remain fully committed and confident in achieving our goal of announcing transformational solutions by COP26 and beyond. Meanwhile, your continued support in realising CCRI’s collective ambition remains as important and needed as ever.
Please find enclosed both an executive summary and a detailed report regarding CCRI’s progress.
As always, many thanks for your support.
Carlos Sanchez,
Executive Director, CCRI
About the Coalition for Climate
Resilient Investment
A United Nations Climate Action Summit (UNCAS) and COP26 flagship initiative, The Coalition for Climate Resilient Investment (CCRI) represents the commitment of the global private financial industry, in partnership with key private and public institutions, to foster the more efficient integration of physical climate risks (PCRs) in investment decision-making.
CCRI aims to create a more resilient global financial industry in which key incentive structures foster an accurate pricing of physical climate risks (PCRs) in investment decision-making, resulting in more resilient economies and communities across the world.
The Coalition brings together private companies, governments and inter-governmental bodies, including many of the world’s leading financial businesses and asset managers that collectively manage more than US$20 trillion in assets.
