Page 12 - இங்கிலாந்து கவர்னர் குறி கார்னி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Unleashing the climate market By Nancy Birdsall , Brian Webster WASHINGTON, DC Progress against climate change has long crept at a snail’s pace, and the costs of inaction are increasingly clear to see. Hardly a week goes by without a natural disaster or an extreme weather event that destroys the lives and livelihoods of vulnerable populations in the developing world. Among the latest horrors is a devastating flood in India, owing to glacial melt, and the wave of Category 4 hurricanes that struck Honduras in November. With a per capita carbon footprint that is 4-5 times larger than the average low- or middle-income country, the United States is deeply implicated in these tragedies. Fortunately, 2021 is shaping up to be a year when meaningful US climate action finally takes off, owing to a groundswell in the global financial industry. That’s right: Big Finance has started to go green as major institutional investors seek out safe, long-run returns in global markets. Among many

New yorkUnited statesCornell universityUnited kingdomUnited kingdom generalBrian deeseJanet yellenBill mckibbenNancy birdsallJoe bidenMark carneyGary genslerBrian websterCentre for global developmentUniversity of michiganExchange commission