Achieving net zero emissions is growth story: Climate economist By IANS | 2 Views
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.