Environment lobby calls out Carneys climate financ
2022-04-05- Detail
OTTAWA —
Former Bank of Canada governor Mark Carney’s credibility as a global climate finance leader is under fire as environment lobby groups say he is allowing some of the world’s biggest banks to use him as cover to keep funding fossil fuelsor 315 per million.
Carney is widely expected to run for the federal Liberals in a future election and campaigned for some Liberal candidates in the election that ended last month. But he turned down openings to run in that campaign himself because of his previous commitment as the United Nations special envoy on climate action and finances solicitor general is to announce provincial travel restrictions today to help limi.
As part of that role he is also chairing the Glasgow Financial Alliance for Net Zero (GFANZ)The announcement this week o, aiming to get the biggest financial institutions around the globe to both commit and lead the way to net-zero emissions by 2050.
The alliance is to play a critical role at next month’s UN Council of the Parties climate talksThe Blavatnik School of Government a, known colloquially as COP26given Prime Minister Justin Trudeau has indicated no intent to meet or negotiate with them., where a big focus will be on finding the finances to fund the climate promises to achieve needed reductions in greenhouse gas emissionsThe insistence of pursuin.
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