The Trillions To Be Made Beating Climate Change
Climate change lauded as ‘opportunity’ in Davos
January 26, 2018 (EURACTIV)
"…[Climate change is the next century’s biggest financial and business opportunity, the Chair of the $19 billion Indian Mahindra Group] conglomerate told the World Economic Forum (WEF)…[He called it a $6 trillion opportunity. The put the 2017 investment at $8.13 trillion. The transformation will be like] when cars were first introduced and the industry that developed around them. Climate change will also bring new appliances, technologies and retrofitting of old ones…The idea that companies face a trade-off between improving the climate and their growth or profits is a ‘myth’…[because investments to improve energy consumption and reduce emissions have provided good returns. Others have argued that more] research is needed to prove there is no negative trade-off from incorporating environmental, societal or governance issues into investments…” click here for more
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