The Scotsman

Edinburgh hosts global green finance summit

- By LAURA PATERSON

Finance leaders from across the world are meeting in Scotland to address monetary risk from c limate change.

Senior representa­tives from the United Nations and Scottish and UK Government­s are attending the two-day Finance for Nature Global Summit, hosted by Baillie Gifford in Edinburgh.

It will also involve multinatio­nal firms such as Mars, Unilvever, Nestle and environmen­tal charity WWF, as well as financi al institutio­ns including Aberdeen Standard, Bank of Ireland, RBS, Bar clays, Scottish Widow sand HSBC.

The event will attempt to develop innovative financial instrument­s to mitigate complex risk, particular­ly from climate change.

Omar Shaikh, founder of the one of the event organisers, Edinburgh-based Global Ethical Finance Initiative, said: “Hosting this event in Scotland is recognitio­n of our growing reputation as a leader in convening the ethical finance debate.

“We hope to address the biggest challenge facing the world today.”

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