Welcome 2024, the Year of Transition Finance

Special invite to our launch event

Hi Helixers,

As we enter the new year, we are also entering a new era of climate action. COP 28 ended with a pledge to transition away from fossil fuels. These pledges, similar to corporate Net Zero pledges, and New Year resolutions that we all make, need us to take action. The average new year resolution lasts 23 days to lose steam. If we need to make progress on these resolutions, sorry, ‘Net Zero targets’, we have three options, that 2024 offers us:

1. Reduce emissions in our business by transforming our processes. This is called ‘Transition’ and involves:

   1. changing inputs to low carbon ones

   2. changing processes

   3. increasing the amount of re-use, recycle and reducing the waste in the outputs

   4. This process leads to

      1. increased competitiveness

      2. reduced emissions

      3. improved profitability

      4. job creation & preservation

2. Continue to pollute our planet, and trust that we can ‘offset’ that, by planting trees. Lose consumers, investors, and staff who think this is a fraud. After all, globally the % of these eco friendly people only grows at a 10% yearly, but it’s just a data point that they are 67% of the global population. We will just lower the prices, or produce goods in China, and they will come to us.

3. Sit tight, do nothing, and see our business vanish into thin air. Prepare to deal with the administration process and dissolution of the company.
   

   

   
   

If our choice is option 1 above, a key challenges that we face is how to finance the transition to a low-carbon economy.

How can we support the industries and sectors that are responsible for the majority of greenhouse gas (GHG) emissions to shift to more sustainable practices and technologies?

How can we ensure that the transition is fair, inclusive and credible, and that it creates opportunities for innovation and growth?

This is where transition finance comes in.

Transition finance is a new financing approach that aims to support companies that are trying to steadily reduce GHG emissions in accordance with a long-term strategy to achieve a decarbonised society.

Transition finance is industry inclusive (spanning green to brown) and aims to offer especially high-emitting companies, financing for the shift towards a climate-neutral, or even positive, status quo.

Transition finance is not only a necessity, but also an opportunity. It can unlock new sources of capital, enhance corporate reputation and competitiveness, and foster collaboration and innovation across sectors and regions. It can also contribute to the achievement of the global climate goals and the Sustainable Development Goals.

But transition finance is also a complex and evolving concept. It requires clear definitions, standards and frameworks to ensure its credibility and effectiveness. It also requires active engagement and dialogue among various stakeholders, such as governments, regulators, investors, corporates, civil society and academia.

That is why we are excited to announce the launch of our new report: The Future of Transition Finance. This report is the result of a comprehensive research and consultation process, involving experts and practitioners from different fields and backgrounds. It provides an overview of the current state and trends of transition finance, as well as a vision and roadmap for its development and scaling up.

The report will be launched at a special online event on January 23rd, 2024, at 4:00 PM GMT. The event will feature a presentation of the main findings and recommendations of the report, presented by our panel of experts in transition finance. You will also have the opportunity to ask questions and share your views and insights.

This is a unique and timely opportunity to learn more about transition finance and how you can leverage the opportunity to grow your business, invest wisely, or make a job change.

To register for the event, please click [here]. Spaces are limited, so hurry up and secure your spot today! Attendees will receive a free copy of the report, a £10,000 minimum value, if you act on just one of our findings.

We look forward to seeing you at the event and hearing your thoughts on transition finance.

Happy New Year and Happy Transitioning!