Carney, Kerry launch global finance plan to boost climate action

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UN climate envoy Mark Carney and U.S. peer John Kerry on Wednesday announced a new plan to boost efforts by the financial system to help move the global economy to net zero greenhouse gas emissions.

While many large banks, insurers and asset managers have started to commit to some form of action, the frameworks used can differ and some are not rooted in climate science or backed up by interim targets between now and 2050.

"This is the breakthrough in mainstreaming climate finance the world needs," Carney said in a statement. Launching the plan on the eve of U.S. President Joe Biden’s Head of State Climate Summit alongside Carney and Treasury Secretary Janet Yellen, Kerry - the U.S. Special Presidential Envoy for Climate - said the world's biggest financial firms recognised energy transition was a "vast" commercial opportunity.

 

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How did you get there John?

It is a crime against humanity & planet that China/India R refueling their economies on coal.The U.N. must condemn their crimes & nations/E.U./Am. look,establish other areas..S.A./Africa as suppliers of the worlds needs based on renewable resources.A starving labor force is there

Why is John special? The pilot told us to keep our masks on or risk a lifetime ban on flying —on all airlines.

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