Sustainable Finance Live 2024 is set to commence on October 8th at Events@No6 in London.
The upcoming conference will spotlight innovative ideas and unite experts to collaboratively tackle the sustainability challenges faced by the finance sector. This year’s focus will be on the value of natural capital and its journey through transactions.
Recently, in a series of interviews centered on the investment in nature and climate initiatives, Richard Peers, founder of ResponsibleRisk and host of Finextra’s Sustainable Finance Live, engaged with Tim Coates, co-founder of Oxbury Bank. Their conversation was featured on FinextraTV.
Founded in 2021, Oxbury Bank was created to meet the specific needs of the agri-food sector, primarily serving farmers within their supply chains.
During the discussion, Coates highlighted the necessity for “dedicated, specialist support” in the agri-food sector, noting how Oxbury has introduced technology-driven solutions to fill this void.
He stressed the importance of addressing nature and climate issues as vital to the agricultural transition, particularly in the context of post-Brexit policy challenges. There is a pressing need to enhance climate resilience, especially in the UK, which is recognized as one of the most nature-depleted countries globally.
Coates remarked, “Without a productive farmland ecosystem that thrives in harmony with nature and climate, the future of agriculture is at risk.
“There should be no conflict between food security and environmental health, despite ongoing debates. Our aim is to enhance resilience and assist farms in transitioning to sustainable production models that not only ensure long-term productivity but also create societal and economic benefits through the restoration of nature and adaptive strategies for the climate crisis we face.”
He further explained that Oxbury Bank’s business model integrates the entire supply chain, fostering discussions among farmers, producers, and retailers regarding investments in natural capital.
With a strong commitment to environmental considerations and financial sustainability, Oxbury Bank carefully categorizes its lending to align with existing policy frameworks and uphold necessary sustainability standards, according to Coates.
For those interested in staying informed about the discussions, networking opportunities, and workshops at this year’s Sustainable Finance Live, be sure to register here.