Rewiring the Economy
1CfQ4ZO
1CfQ4ZO
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16<br />
<strong>Rewiring</strong> <strong>the</strong> <strong>Economy</strong><br />
Laying <strong>the</strong> foundations for a sustainable<br />
economy will require widespread and<br />
long-term commitment to collaborative<br />
action continued<br />
A just transition to a low carbon economy<br />
Engaging leaders to unlock structural changes in <strong>the</strong> economy<br />
to reduce and eliminate carbon emissions, whilst addressing<br />
<strong>the</strong> social implications of transition.<br />
For example: The Prince of Wales’s Corporate Leaders<br />
Group (CLG) is a group of business leaders convened<br />
by CISL to advocate for low carbon transformation with<br />
global policymakers. We are committed to working with<br />
‘difficult to deal with’ sectors such as extractives and<br />
energy intensives to support <strong>the</strong>ir pathways to transition.<br />
Sustainable financial system<br />
Working with financial institutions and regulators to clarify<br />
future risk and value, set new business norms and facilitate<br />
innovation with real economy partners.<br />
Over to you<br />
We are looking to our extensive and diverse network of leaders<br />
to take action and share <strong>the</strong>ir insights into <strong>the</strong> challenges and<br />
opportunities <strong>the</strong>y encounter along <strong>the</strong> way, and wherever<br />
possible to collaborate with us over <strong>the</strong> next decade to deliver<br />
this plan.<br />
We invite you to look at your own organisation, at your own<br />
niche in <strong>the</strong> economic system, and consider what it would<br />
take for you and your peers to play a part in delivering against<br />
<strong>the</strong>se ten tasks. Above all, we are looking to you to take action.<br />
We are committed to joining<br />
you on that journey.<br />
For example: The Banking Environment Initiative,<br />
ClimateWise (for insurers) and <strong>the</strong> Investment Leaders<br />
Group bring toge<strong>the</strong>r leaders across <strong>the</strong> finance sector<br />
to take action in <strong>the</strong>ir own industries and work with<br />
leaders in o<strong>the</strong>r parts of <strong>the</strong> economy. We currently<br />
work with several financial services organisations to<br />
build <strong>the</strong>ir leadership capacity through customised<br />
programmes of work.