Moving to a low-carbon global economy signifies one of the largest market and economic transitions in modern society. Such a massive transition requires financial input and facilitation on an equally grand scale.
To this end, the actions of private finance actors – banks, insurers, and institutional investors – are critical for addressing climate change in a timely way. So it is heartening that the Paris Agreement explicitly recognises the actions of non-state actors, including corporations and financial institutions, in a multi-sectoral response to climate change.
However, while success of the Agreement requires action by such non-state actors, do those actors need the Agreement to be successful? In this presentation, Dr Bowman discusses what the Agreement means for the private financial response to climate change and why that response should matter to policy makers, practitioners, and civil society.
About the Speaker
Dr Megan Bowman is currently a Lecturer in the Dickson Poon School of Law at King’s College London. She is also a climate finance consultant and qualified barrister and solicitor of the High Court of Australia and Supreme Court of Victoria with a PhD from the ANU Regulatory Institutions Network, an LLM from McGill University, and a double degree in Arts and Law (with Honours) from Monash University.
Megan’s research focuses on the intersections between commercial, financial and environmental regulation with emphasis on corporate actors in transnational contexts. She has presented on this work at Tsinghua and Cambridge Universities and also Stanford and Harvard Law Schools. Her first book, Banking on Climate Change: How Finance Actors and Transnational Regulatory Regimes Are Responding (Wolters Kluwer, 2015), combines empirical and theoretical insights to inform best practice in regulating socially responsible finance and investment across key market economies and China.
Megan’s teaching portfolios have included Commercial Law, Finance for International Trade, Environmental Law, and Public International Law. She has taught previously in Australia and Canada and received a Vice Chancellor’s Teaching Excellence Award.
PRESENTED BY THE REGNET SCHOOL OF REGULATION AND GLOBAL GOVERNANCE