Are financial institutions ready to turn to green finance? In conversation they are, but in reality... they are not. In which sense? In a sense that financial institutions are pursuing shareholder value creation goals — Oleg Vyugin, Chairman of the Supervisory Board, Moscow Exchange PJSC.
We share a common atmosphere and climate ... it creates a tangible need, I hope common sense wins out here — Sergey Shvetsov, First Deputy Governor, Bank of Russia .
The financial centers are in the middle of all these [decarbonization] processes ... we take full responsibility — Henk Jan Hoogendoorn, Managing Director of Financial Sector Office, Qatar Financial Centre.
Russian banks are not yet ready to solve this problem [of decarbonization] in any way. It seems to me that they are going through the strongest cognitive dissonance stage right now. <...> They know that it has to be done, this is a long-term project that will last for decades. On the other hand, they are concerned about the fact that they have to make a profit here and now. To be honest, the Russian economy will not be transformed and will not move away from hydrocarbons for a long time — Oleg Sysuev, President, First Deputy Chairman of the Board of Directors, Alfa-Bank.
Russia and Kazakhstan are only at the beginning of this path... It is yet nothing but a trend. It would be good to introduce it slowly, and don’t get too carried away — Kairat Kelimbetov, Manager of the ‘Astana’ International Financial Centre.