London Climate Action Week: Economic momentum driving the climate narrative

Research evidence excerpt

London Climate Action Week: Economic momentum driving the climate narrative

1 July 2026

London Climate Action Week Sustainability Global

Economic momentum driving the climate narrative

◆ Climate cooperation proven critical during extreme heatwave Amy Tyler

as stakeholders convene in London Associate, Sustainability Research HSBC Bank plc

amy.frances.tyler@hsbc.com

◆ Key themes comprise energy security, clean tech & +44 20 3359 4059

adaptation, including AI’s role in climate & resilience solutions Zoe Knight

Global Head, Sustainability Research & Integration

HSBC Bank Middle East Limited, DIFC

◆ The global energy crisis brought discussions reinforcing the zoe.knight@hsbc.com

role of electrification and clean energy investment needs +971 508951407

Ajani Sivapalan

Analyst, Sustainability Research

With over 1,300 events & 75,000 attendees, London Climate Action Week (LCAW) HSBC Bank plc ajani.sivapalan@hsbc.com

brought together global stakeholders for cooperation on the most material climate +44 203 2682973

issues. Held as the UK experienced extreme heat, some events were cancelled due Yaryna Kobel

to public health concerns, spotlighting the risks of extreme weather and the need for Corporate Governance Analyst HSBC Bank plc

adaptation acceleration (Reuters). Despite this, events remained focused, we outline yaryna.kobel@hsbc.com

+44 20 3359 6152

our key takeaways from the week in line with our HSBC Sustainability Framework.

Emissions control: The global energy crisis took centre stage as energy security

and independence dominated discussions, noted as a stronger driver for energy

transition than climate ambition at present. This reinforced the case for electrification

as global clean energy investment attracts twice as much as fossil fuels at USD2.3trn

(LSEG, UN).