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Friday 13 March 2020

The New Green Deal


 
Who pays for Greta Thunberg`s security, her hotels, her travel and the rest of it?  Is the school strike all that it has been made out to be? Why is the mainstream media not asking these serious questions?

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Perhaps the clue lies here:

Mark Carney, former Bank of England Chief, says we need a new green financial economy.

"This year the threats from climate change spurred demonstrations across the world and prompted the parliaments in the United Kingdom and many other countries to declare a “climate emergency...” 

"A new, sustainable financial system is under construction. It is funding the initiatives and innovations of the private sector and amplifying the effectiveness of governments’ climate policies—it could even accelerate the transition to a low-carbon economy."


"Unfortunately, like virtually everything about the response to climate change, this new sustainable financial system is not developing fast enough for the world to reach net zero..."

"To bring climate risks and resilience into the heart of financial decision making, climate disclosure must be comprehensive, climate risk management must be transformed, and sustainable investing must go mainstream. "


https://www.imf.org/external/pubs/ft/fandd/2019/12/a-new-sustainable-financial-system-to-stop-climate-change-carney.htm#

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