Reuters has called for a stronger climate finance plan at th

Reuters has called for a stronger climate finance plan at the G20 summit at Reuters


Reuters has called for a stronger climate finance plan at the G20 summit at Reuters
By Simon Jessop and Gavin Jones
VENICE (Reuters) – BlackRock (NYSE �� CEO Larry Fink on Sunday called on governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.
Speaking at the G20 International Climate Conference at the G20 meeting of finance ministers, he said that without such a plan, current efforts, including reporting on the sustainability of corporations, risk “only window decoration”.
Fink, the world’s largest asset manager, with assets of about $ 9 trillion, also called for reform of the International Monetary Fund and the World Bank to address the challenge of climate change.

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