Today news
About the same in other media
How the Financial Sector Is Addressing Climate Change—And Why It Matters
Reading now: 109
wsj.comThe organizations that lend, invest and regulate the world’s money are taking on climate change. There was a flurry of announcements at the COP26 U.N. climate conference in Glasgow on Tuesday, where former central banker Mark Carney worked to reach global agreements with the financial sector to use their sway to reduce emissions. Here are some of the key points and what they mean.
The world’s banks and investors can deliver the financing needed to get the world on the pathway to reducing carbon emissions. They could provide cheap and plentiful financing for green energy producers and make it more costly for fossil-fuel producers to raise cash. Investors have been at the forefront of pushing change in corporate thinking. Banks are catching
Read more on wsj.comAbout this in other media
Financial News reader survey: Terms and conditions fnlondon.com /2 years ago
Stocks making the biggest moves in the premarket: Oatly, Tesla, Dollar Tree and more cnbc.com /2 years ago
Where voters and consumers lead on the climate crisis, businesses will have to follow theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
