Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJfunding for clean-energy projects this year.
Some investors are betting on a boost in 2023 as Washington’s climate and spending legislation kicks in.for green finance, fundraising has slowed slightly but is still well ahead of levels from a few years ago. Big companies have raised about $1.15 trillion in green and sustainability-linked bonds and loans in 2022, down from 2021’s record of $1.3 trillion but more than double the 2019 and 2020 figures, Dealogic data show.
Intermittent energy: The Government forces money into this sector. It is not the most efficient nor reliable source. ESG countries are collapsing. If you want less CO2 plant don't rant.