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Abyd Karmali OBE


Abyd Karmali, board member

Abyd Karmali is a Managing Director, ESG & Sustainable Finance at Bank of America based in London. From 2007-2014, he served as Merrill Lynch’s (subsequently BofAML) Global Head of Carbon Markets. In 2014, he became part of the team supporting the bank’s broader capital deployment commitment to mobilise $1.5 trillion for low-carbon and other sustainable finance opportunities by 2030. He has worked for almost 30 years on climate change and sustainable finance and was made an Officer of the Most Excellent Order of the British Empire (OBE) for these efforts in the Queen’s New Year’s Honours List for 2019.

Before joining the financial sector in 2007, he was a partner in a management consulting firm in Washington DC and Toronto where he advised companies on their climate strategy and also spent two years with the United Nations Environment Programme in Paris where he served as Energy and Climate Change Programme Officer. In 2013, Mr. Karmali served as one of two inaugural private sector representatives to the Board of the Green Climate Fund.

His current advisory roles include the Judging Panel for the Queen’s Award for Enterprise, the Energy Transition Commission, the Global Innovation Lab for Climate Finance, and co-chair of the Sustainable Finance Working Group for the International Chamber of Commerce. He also serves on the Board of Directors for NGO The Climate Group and on the National Committee for NGO the Aga Khan Foundation (UK). He holds an MS in Technology and Policy from the Massachusetts Institute of Technology (MIT