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Goldman Sachs COO says ‘decarbonising’ the world will cost $100tn
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fnlondon.comThe transition to a cleaner economy to fight climate change will need $100trn in financing, the bulk of which will come from private capital markets, said Goldman Sachs' president and chief operating officer John Waldron.
Waldron, speaking at the Institute of International Finance conference on 13 October, said that decarbonising the world would require a “lot of capital” over the next 20 or 30 years.
“It’s...
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