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ESG Global’s CEO, Sarah Keyes, was invited to speak at The Walrus Talks Energy at GLOBE Forum 2022 in Vancouver, B.C. in March 2022. Below are excerpts of the key takeaways from this dialogue, and a link to the original video to hear the full speech: https://thewalrus.ca/the-walrus-talks-video-room/
Of the $125 trillion of investment required to transform our global economy to achieve net-zero by 2050 and avoid the worst physical impacts of climate change, about $32 trillion must be allocated by 2030. It has been estimated that the private sector could provide 70% of this financing, offering huge opportunities for investors.[1]
To translate these commitments into real climate actions, there are three critical levers to accelerate financing at the pace and scale needed to make the transition to net-zero by 2050:
- Educate Boards on Net-Zero – The urgency and scale of this problem requires big decisions to be made NOW; we simply don’t have time to wait.
- Establish Price Signals – Without concrete global price signals, the capital markets will not have a universal way to price climate-related risks into the valuations of companies.
- Mandate Climate Disclosure – The adage “what gets measured, gets managed” has never been truer when it comes to climate change.
ESG Global continues to contribute to the dialogue on the role of the finance and investment community in combatting climate change. Stay tuned for additional thought leadership pieces to come!
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