How the carbon-neutral asset class is taking over finance – The National

  • Date: 29-Feb-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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How the carbon-neutral asset class is taking over finance – The National

Financial flows can change like the weather, but heavy investment in sustainability appears to be a change in climate. Investment flows are often like weather patterns, erupting in sudden storms before shifting to new cycles.. It is no surprise that investment bankers are starting to listen to meteorologists and climate scientists.. The flood of investment into carbon neutral projects is becoming significant and long-term.. More resources unlock efficiencies or capturing "free" energy sources like solar or wind, which in turn makes future investment more worthwhile.. The world of finance has sat up and taken notice not only of the warnings, but also the opportunities.. Mr Carney argued that the choice at hand was not between funding green activity and blacklisting brown and black industries.. The Canadian superstar central banker is the special envoy on Climate Finance ahead of the COP 26 summit in the UK later this year.. If adults are acting like children with fingers in their ears, it falls on the young to act like adults.. The big calculation is how technology and innovation address consumer and citizen concerns.. Investment opportunities drive the logic of rapid transformation..