BBCNEWS BBC News November 4, 2021 03:07:00
Outside the climate summit on glasgow's streets, some protesters distinctly unimpressed with the role of banks at the cop talks. inside, the world's finance ministers are promising to change the entire system in response to a ticking environmental clock. alarm clock rings. good morning, and welcome to cop26 finance day. the main result — the world's banks, pension funds and insurers promising to invest and lend in a way consistent with net—zero by 2050. that's £95 trillion of funds, or two fifths of the whole of globalfinance. so bankers and traders in suits are today's equivalents of the...