Does big money really believe green is good?
Global finance titans are talking big on climate. Does their rhetoric marry with reality?
The Climate Question · BBC World Service
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Show Notes
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 - BBC business reporter