Monday
September 23
2019

Viewpoint: Can ‘Climate Finance’ Fund a Transition to a Low-Carbon Economy?

By Ben Piven

At the United Nations powwow of world leaders next week, environmental advocates and government officials from across the globe will present plans – not just speeches – about how to reverse global warming.

UN Secretary-General Antonio Guterres has ordered his staff to concentrate on putting into place a concrete framework agreed upon by country delegates, multilateral organisations and the private sector.

The blueprint for tangible measures to reverse climate change involves ambitious national commitments to emissions targets. But the planet’s transition towards a low-carbon economy will also require financial titans to mobilise.

Photo courtesy of Pixabay.

Source: Al Jazeera (link opens in a new window)

Categories
Environment, Finance
Tags
climate change, climate finance, corporate responsibility, green business