Mark Carney: $100 trillion needed to build ‘net zero’ economy

Climate Finance

Mark Carney: $100 trillion needed to build ‘net zero’ economy

“In the next three years, a net zero commitment and a plan to achieve it will be the norm for public companies.” Mark Carney laid down strong markers for net zero in dual appearances during Climate Week. In remarks that opened Climate Week NYC, speaking as the U.N. Special Envoy for Climate Action and Finance, Carney cut to the chase: “Virtually every company in every sector needs to transform its business model, requiring investments of over $100 trillion in the next three decades.” The effort to get to net zero requires…

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