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COMMENTARY: Climate finance has capital. What’s missing is policy reut.rs/4Bu0STw
reut.rsCOMMENTARY: Climate finance has capital. What’s missing is policyWhen Mark Carney announced in Glasgow at COP26 that financial firms representing $130 trillion in assets were stepping up for climate action, it marked a major advance. It also rested on an assumption that has since proved incomplete: that the availability of capital, at sufficient scale, could help drive the transition on its own.
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