We need financial institutions to fight climate change

10 March 2022

Many governments are highly indebted. They have been taking on huge amounts of debt ever since the Financial Crisis 14 years ago. This accelerated during the pandemic, when they were forced to spend to avoid a brutal economic depression. Subsequently, tackling climate change is now financially a lot harder than before. Unfortunately, the need to act has become even more urgent. And our governments simply cannot afford it.

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