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COP28: Noel Quinn

Chief Executive Officer, HSBC

"Of course we need to move faster. But let's not just look at the negatives. Look at the positives. The automotive sector is transforming itself at a pace that no one quite expected. The same will happen in energy. The same will happen in wind, solar, hydrogen. We just need to make it happen that much faster."

Noel Quinn, CEO of HSBC identifies the need for the private and public sectors to work together to finance the huge investment in infrastructure that's gong to be required if we are to meet our Net Zero targets. He calls on the public sector to send clear demand signals of what they want from sector to sectors, and then to develop the infrastructure that the private sector can build on. Although he is encouraged by investment in new technologies like renewables and transport over the last few years, he is aware of the need to accelerate that investment if we are to meet the committments that governments have made.

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