Achieving net zero emissions is growth story: Climate economist
By IANS |
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Post Covid: FY22 Budget to give ample opportunity for economic reset, growth. Image Source: IANS News
Stockholm, April 20 : Global financial flows and investments are finally tipping away from the old, polluting, and unsustainable economy of the 20th century towards the climate-friendly economy of the 21st century, one of the world s leading economists is expected to declare this week.
Over the past three years increasing numbers of banks; asset managers and owners; finance ministers and investors have begun stepping up ambition driven by the urgency of halving by 2030 and reaching a net zero emission world by 2050, Lord Nicholas Stern will say.
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