A report on how climate leadership is emerging in the finance sector - and on how public and private actors need to work together to grow leadership into a new normal. There is a growing community of financial institutions taking action and demonstrating leadership on climate change. Some institutions are allocating capital and steering financial flows towards more low carbon, climate resilient activities. Others are taking steps to change corporate behavior, influence policy outcomes and build the data, tools and transparency required to embed climate change into how the market functions.