NEWS Finance’s Largest Net-Zero Club Needs New Talking Points for COP

[Google News Bot]

(Bloomberg) — “Net zero” was virtually the only talking point when finance luminaries gathered at the United Nations climate conference in Glasgow last year. Rishi Sunak, then UK chancellor and now prime minister, spent finance day at COP26 speaking of the need to create a net-zero-aligned financial center. Mark Carney, former Bank of England governor, announced finance firms with $130 trillion of assets were committed to net-zero financed emissions. And European Central Bank executive board member Frank Elderson said central banks were prepared to support the transition to ...

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