COP26 LIVE: Boris humiliated as he ‘talks to empty room’ at Glasgow summit

0

More than 450 companies will be revealed tomorrow as part of the Glasgow Financial Alliance for Net Zero (GFANZ), according to the former governor of the Bank of England.

Mark Carney, who set up GFANZ, told BBC Radio 4’s Today programme: “This is focused on providing the financing that’s needed globally to make the investments that we need to get to a net-zero economy.

“And it means bringing together financial institutions, whether there’s banks, insurance companies, pension funds, from around the world, and having them commit to net zero.

“So, all of their money, whether they invest in a company or lend to a company, that those companies, those underlying companies, will themselves be reducing their carbon emissions transitioning to net zero.

“There’s a list coming out on Wednesday, tomorrow, because it’s finance day. 

“So a list of over 450 of these financial institutions, many of the leading British ones.”

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest For News Update Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment