Finance
Money talks. So, what do you think $130 trillion of climate finance might be saying? This is the amount of private capital committed by 450 financial companies from 45 countries, under the umbrella of the Glasgow Financial Alliance for Net Zero (GFANZ). How big is this? It is more than the world’s total assets under management in 2020. The message is loud and clear. Banks are ready to fund the green industrial revolution – and they will be asking their corporate clients for credible, science-based transition plans for halving their emissions by 2030 and reaching net zero by 2050. Capiche?
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 5. Buy on Lulu ↗