Andreas Dombret is a former member of the Bundesbank‘s board and the ECB’s supervisory board, and is a global senior adviser at Oliver Wyman

The role of the financial sector in combating climate change is shaping up to be one of the central issues at the forthcoming COP28 in the United Arab Emirates. The plan is to unveil a package of measures developed by the Independent High-Level Expert Group on Climate Finance to address the role of the financial sector in helping deliver the investment needed for the transition to net zero, and ensuring an equitable transition that takes on board the constraints on developing countries.