Germany's Scholz calls for private investment in climate measures
German Chancellor Olaf Scholz said efforts to fight climate change should rely more heavily on private investment in addition to public funding during a speech to the Petersberg Climate Dialogue on Friday. "A discussion that only focuses on public funding commitments falls far short of the mark. We need a new approach to financing climate protection worldwide," Scholz said in Berlin. He pointed out that, according to expert estimates, $2.4 trillion would be needed annually by 2030 for the transi