IKEA Foundation pledges £4.5m to back Oxford sustainable finance action

The IKEA Foundation is supporting, with a grant of £4.5 million over three years, four key University of Oxford Sustainable Finance Group projects, aimed at making a significant contribution to aligning finance and the financial system with the goals of the Paris Agreement. To ensure finance flows into sustainable projects and industries – and deliver on the Paris goal of keeping global temperature rises to 1.5°C – financial institutions need to understand the risks and impacts of their investments and the implications for the bottom line.  Dr Ben Caldecott, director of the Oxford…

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