INSIDER
UN envoy lays out strategy for financing climate battle
Read full article: UN envoy lays out strategy for financing climate battleFormer governor of the Bank of England Mark Carney, who is the U.N.s special envoy for climate change, laid out a strategy for financing efforts to cut carbon emissions, on Monday Nov. 9, 2020, calling on companies to be more transparent about their efforts. (AP Photo/Kirsty Wigglesworth, FILE)LONDON – The U.N.’s special envoy for climate change on Monday laid out a strategy for financing efforts to cut carbon emissions, calling on companies to be more transparent about their efforts and the impact rising temperatures will have on their operations. He said Monday that companies need to go further by disclosing the risks climate change poses to their businesses and their plans for the future. Investors such as banks, insurance companies and investment funds should also disclose how their choices are aligned with climate goals, he said. “Climate change is a global challenge.