A Sustainable Future Prof. Tom Gosling, London School of Economics, on Whether Investors Reset, Recalibrate, or Retreat from Net Zero
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Jan 29, 2025 
In this discussion, Professor Tom Gosling, a specialist in financial markets from the London School of Economics, shares insights on the future of net zero commitments among investors. He examines whether financial institutions will reset their strategies, recalibrate their goals, or retreat entirely amidst shifting alliances. The conversation highlights the complexities of climate initiatives, the evolving significance of the 1.5°C target, and the necessity for genuine engagement in decarbonization efforts. Gosling argues that investor influence, while constrained, remains vital for effective climate policy.
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US Politics Impact on Net Zero
- US political climate strongly influences investor engagement in net zero alliances.
- Banks find cutting financing to heavy emitters difficult without supportive government policies.
Exits Don't Always Mean Retreat
- Exiting net zero alliances often reflects reduced pursuit vigor rather than climate commitment backtrack.
- Financial institutions showed variable commitment levels from the start, influenced by economic interests.
1.5°C Target: Relevant but Flawed
- The 1.5°C target remains relevant scientifically but is often treated with unrealistic precision.
- Investor and company pledges to 1.5°C without actionable strategies risk being post-truth and ineffective.