SHARING IDEAS THAT DO GOOD

Climate & Finance

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"Big money supporting climate: A coalition of major financial organizations —composed of more than 450 banks, insurers and investors from 45 countries— announced (3rd Nov 2021) the alignment of $130 trillion of private finance towards net zero goals. The Glasgow Financial Alliance for Net Zero is the largest coalition of private climate financiers and the “breakthrough in mainstream climate finance the world needs.” from COP26 Daily Tracker.

Climate Finance involves 2 big issues - transition investment financing from companies & institutions and government financing for the developing countries. So articles on each below from very different perspectives:

https://www.mckinsey.com/business-functions/risk-and-resilience/our-insights/aligning-portfolios-with-climate-goals-a-new-approach-for-financial-institutions?

https://climatetracker.org/with-100-billion-a-year-target-far-away-poorer-countries-demand-climate-finance-promised-by-rich-governments/

What do you think?

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By Jeremy Wright

8 November 2021



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