Prince of Wales champions innovators

Royal Family Channel

The Prince of Wales speaks at 'Investing for Impact' at the Guildhall, as part of London Climate Action Week. The event, hosted by the Earthshot Prize, spotlights success stories from the prize and the broader environmental community and provides an opportunity for potential investors to connect with environmental solutions. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Transcript

00:00Collectively we have signed up to a global commitment to protect 30% of land

00:10and sea by 2030. This commitment is our best chance of reversing the damage done

00:16to our planet and restoring its well-being. But 2030 is just five years

00:22away and only 17% of land and just 3% of the ocean has been fully protected.

00:29Climate and nature-based solutions are the foundation of long-term security,

00:34stability and prosperity. More than half of the global GDP depends on nature.

00:41With the natural world in desperate need of protection and restoration, we must

00:47back the initiatives that will have the greatest impact. The solutions that

00:51regenerate the natural world and offer positive market returns also boost

00:55economic opportunities. And this is where you will come in. I can say that

01:02confidently, as founder of the Earthshot Prize, I'm lucky enough to meet the

01:06innovators and changemakers who are working on the most exciting ideas and

01:10initiatives to build a better future for our planet. But they cannot do it alone.

01:17Ideas and initiatives need strong backing if they are to scale and realise their

01:22incredible potential. And capital, delivered at the right time, in the right way, is the

01:29difference between their failure and their success. The even better news is that

01:36these initiatives aren't just good for our natural world. They are also good long-term

01:40investments offering huge potential. I know that this is not a one-way road. We must

01:47understand what investors need for more capital to flow. This is why events like the one here

01:52today are so important. To open up new connections between innovation and finance. To build better

01:59understanding and stronger partnerships to achieve our goals together. Today, I ask you

02:05not to retreat. Now is the moment to look forward. Look forward to investments that hedge against

02:12climate risk and provide a pathway to innovation, profit and resilience. This is a huge untapped opportunity,

02:21one I am passionate and excited about. Let's make what we do here today together really count.

02:28Thank you. Thank you.

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