The Teacher

Pelagia NEOCLEOUS is a Consultant at UNEP FI and supports banks implementing the Principles of Responsible Banking including developing technical guidance on setting climate targets. Previously she worked at the Bank of England for 12 years, where she held various roles in financial regulation, banking supervision, risk management and financial stability. She led quantitative analysis of physical climate risks and the assessment of systemic risks in capital and energy markets. Prior to that, she spent 3 years as a risk management consultant working with several European banks. She volunteered as a Director of Governance in Women in Banking and Finance, an organisation helping to bolster female contribution in financial services in the UK. Pelagia holds a BA in physics and mathematics from Macalester College and a PhD in Physics from Kings College London. She has a certificate in Sustainability and Climate Risk awarded by the Global Association of Risk Professionals.

The Class

This class will provide an introduction to the role of finance in achieving climate stability and resilience as defined in the Paris Agreement Article 2.1c, explain how this is relevant to current negotiations on the Global Goal on Adaptation, scaling up finance commitments and the Loss and Damage Fund, and provide an overview of finance needs and sources of finance and their contributions.

Learning Resources

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