Does big money really believe green is good?
Global titans of finance laud the climate transition as a historic opportunity but remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars.
When a man sitting on nearly $9 trillion dollars of funds speaks, CEOs, investors and politicians listen.
In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.”
He's not alone in championing big money's green awakening, but the titans of finance remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars. So does the rhetoric marry with reality?
Guests:
Caroline Le Meaux - Head of ESG Research, Engagement, and Voting policy at Amundi
Jeanne Martin - Senior Manager at Share Action
Vishala Sri-Pathma - ±«Óătv business reporter
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- Mon 15 Feb 2021 04:06GMT±«Óătv World Service
- Mon 15 Feb 2021 09:06GMT±«Óătv World Service
- Mon 15 Feb 2021 13:32GMT±«Óătv World Service East and Southern Africa & West and Central Africa only
- Mon 15 Feb 2021 20:06GMT±«Óătv World Service Americas and the Caribbean, UK DAB/Freeview, News Internet, Europe and the Middle East & Online only
- Mon 15 Feb 2021 21:06GMT±«Óătv World Service Australasia, East and Southern Africa, South Asia, West and Central Africa & East Asia only
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The Climate Question
Why we find it so hard to save our own planet, and how we might change that.
