Did we get climate finance all wrong?
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For the last decade, since the Paris Agreement was signed, governments have been trying to nudge big financial players to move more money into climate solutions. The idea was to drive action through data disclosure and net-zero goals, but that hasn’t yielded the results they hoped for. Have we got our approach to climate finance wrong? Lisa Sachs, director of Columbia University’s Center on Sustainable Investment, makes the case this week on the Zero podcast.
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Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Alastair Marsh, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.
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