Page 14 - respond-cop31
P. 14
FROM AMBITION TO IMPLEMENTATION:
the next phase of sustainable finance
Fabiana Costa – Head of Sustainability at Bradesco
The global climate agenda is entering a has strengthened risk assessment frameworks,
new stage. After years focused on targets, expanded climate-related metrics and improved
commitments and strategies, attention is shifting the integration of sustainability considerations into
towards delivery. The discussion now centres business decisions. These advances are helping
on how to mobilise investment, scale solutions direct capital towards activities that support a
and turn long-term ambitions into measurable more resilient and lower-carbon economy.
outcomes.
At Bradesco, this work has supported the continued
Across Climate Weeks, COP conferences development of sustainable finance solutions
and other international forums, a common and risk management practices designed to help
theme has emerged: the need to accelerate clients navigate the opportunities and challenges
the practical actions required to support the associated with the transition.
transition to a lower-carbon economy. Business
leaders, investors, policymakers and multilateral International discussions are now focused on
organisations have highlighted the importance the broader ecosystem that enables investment
of mobilising investment, scaling solutions and to reach projects with the greatest potential for
creating the conditions for long-term resilience impact. Greater transparency, stronger governance
and competitiveness. and more consistent standards are helping build
confidence among investors and support capital
As preparations advance towards COP31, this shift allocation across different sectors and regions.
is shaping expectations for both public and private
sector organisations. Progress will depend on the Access to finance remains a critical element.
ability to strengthen markets, expand investment Many of the technologies and business models
opportunities and create the conditions required needed to accelerate the transition already exist.
for sustainable growth. The priority is to expand the mechanisms capable
of connecting capital to projects, particularly
Building the Foundations for Implementation in emerging markets, where investment needs
Financial institutions have an important role to remain significant.
play in this process. Over recent years, the sector
In Brazil, initiatives such as the Eco Invest
programme reflect this effort by creating
conditions to attract international capital and
The next decade of climate support investments aligned with the country’s
action will be defined by the sustainable development agenda. These initiatives
ability to turn commitments can help strengthen the financial ecosystem
into measurable outcomes. needed to scale the transition economy.
Brazil’s Opportunity in the Transition Economy
Brazil holds a distinctive position within this
landscape and is increasingly viewed as a
Bradesco is one of Brazil’s leading strategic destination for sustainable investment.
financial institutions and has incorporated The country combines abundant natural
sustainability into its business strategy. resources, a diversified economy and growing
Through sustainable finance, responsible experience in sustainable finance. As a result, it is
risk management, financial inclusion and frequently highlighted in international discussions
client engagement, the bank supports the on renewable energy, sustainable agriculture,
transition towards a more resilient, inclusive bioeconomy and nature-based solutions.
and lower-carbon economy, creating long-
term value for society and stakeholders. Carbon markets are one example of this potential.
Recent debates have focused on creating the
12
