How to overcome fear in financing climate innovation
This episode of the EY Sustainability Matters podcast is a rare opportunity to hear from two global thought leaders who have shaped sustainability strategies at the highest levels of business and international development, about the need for a move toward a regenerative economy, and the challenges and opportunities that will present. Nadia Woodhouse from the EY New Economy Unit (NEU) welcomes two distinguished thinkers: Sir Noel Quinn, former Chief Executive of HSBC, and Usha Rao-Monari, former Under-Secretary General of the United Nations Development Programme and member of the EY New Economy Unit Advisory Council. Both guests bring a wealth of experience from the worlds of global finance, development and industry, and currently serve as independent directors on the board of Fortescue, a global metal mining company at the forefront of commercial decarbonization. The conversation dives deep into the challenges and opportunities of building a regenerative economy. Noel shares insights from his tenure at HSBC, emphasizing the importance of economic case-making, transparency in target setting and overcoming organizational fear in driving change. Usha expands the discussion to the global scale, highlighting the push for better data, risk mitigation, and collaboration between public and private sectors — especially in emerging markets. Together, they explore the roles of policy, finance and innovation in accelerating the transition to a sustainable future, offering practical insights for leaders navigating the complexities of climate action and systemic transformation. Read more about the EY New Economy Unit here.
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How national climate plans can reshape global investments
Host Matt Bell explores the pivotal role of Nationally Determined Contributions (NDCs) in shaping climate policy and investment strategies. He interviews four experts to get their insights. Joanna MacGregor, a senior advisor at the UN Climate Change (UNFCCC), explains how NDCs have evolved into comprehensive national climate plans that can drive economic growth and resilience. Antonina Scheer, Policy Fellow at the London School of Economics and Research Project Manager at the Transition Pathway Initiative Centre, discusses the challenges of financing climate action in emerging markets and introduces a tool that helps assess the credibility and ambition of NDCs. Pablo Carvajal, Director in the Climate Change and Sustainability Services team at EY UKI, shares insights from his work with governments and banks, highlighting the disconnect between policy targets and business implementation. Claudia Gollmeier, Managing Director at Colchester Global Investors, emphasizes the importance of investors considering NDCs and the rise of innovative financial instruments like sustainability-linked bonds. Together, the guests underscore the urgency of making NDCs investable and inclusive, involving businesses and investors in their design and execution. Despite delays in countries submitting their NDC plans, they remain optimistic about the potential of NDCs to unlock financial flows and accelerate the global transition to a low-carbon economy. NDCs are evolving into powerful economic tools that can drive growth, resilience and clean energy transitions. Businesses and investors play a crucial role in implementing NDCs, even though governments set the targets. Transparent information and innovative financial products are helping bridge the gap between climate ambition and investable action. @2025 Ernst & Young LLP
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How and why should CEOs put sustainability at the core of business
The EY Sustainability Matters podcast explores sustainability as a business issue. Hosted by Bruno Sarda, the series offers insights on key business risks and opportunities, through an environmental, social, governance and sustainability lens.