Department Director, Climate Finance, Climate Champions
Sagarika leads on private finance for the UN Climate Change High-level Champions, Dr Mahmoud Mohieldin and Her Excellency Ms Razan Al Mubarak. The two Champions’ roles were created by parties to the Paris Agreement. The Champions’ mandate is to catalyse non-state actor action and be a bridge to parties. The Champions today operate globally and convene over 11,000 non-state actors including over 8,000 corporates, 1,000 cities, and 550 financial institutions.
The Champions finance team focuses on net zero implementation, nature, adaptation and resilience, and developing country finance. The Champions collaborate with net zero alliances across banks, investors and insurers that are Race to Zero Partners, and with the Glasgow Financial Alliance for Net Zero (GFANZ) co-chaired by Mark Carney.
Prior to the Champions, Sagarika was the PRI’s Director of Climate Change and Environment. At PRI, Sagarika co-headed the UN-convened Net Zero Asset Owner Alliance secretariat chaired by Allianz SE. Sagarika also led the PRI’s work with global investors on TCFD, The Inevitable Policy Response and early work in China. Sagarika has undertaken secondments with Aviva Investors and with the UN COP26 Champion Nigel Topping, helping establish several finance sector net zero alliances.
Before PRI, Sagarika worked for over ten years at F&C Asset Management, served as an investment committee member for the Joseph Rowntree Foundation and as a trustee at Earthwatch, an environmental research organisation. Sagarika has also worked in a commercial role sourcing independently certified timber for B&Q, part of European retailer Kingfisher plc.
Sagarika presently serves on the advisory board of the Imperial College Business School Centre for Climate Finance and Investment, on the Adaptation Expert Group of the Principles for Responsible Banking, and on the Africa chapter of the Green Investment Principles.
Sagarika has an MSc in Development Studies from University of London, a post-graduate diploma in Management Studies from the University of Oxford and a BA in Social and Political Sciences from the University of Cambridge. Sagarika is bilingual in English and Bengali.