Britain called Wednesday for the world’s financial industry to channel its vast funds towards greener investments to ensure that global efforts to curb global warming succeed. The measure is part of a plan that aims to create “the world’s first net-zero aligned financial centre” to meet the demands of those seeking to profit from the drive toward a low-carbon economy, Sunak said.
Treasury chief Rishi Sunak pledged to “rewire” the global financial system for net zero, saying London will also commit 100 million pounds ($136.19 million) to make climate finance more accessible to developing countries.
Outlining Britain’s strategy over the