UN envoy lays lays out strategy for financing climate battle

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. Mark Carney, the former governor of the Bank of England, said 126 countries have committed to achieving net-zero carbon emissions and investors overseeing more than $140 trillion are demanding that companies do more to assess the risks and opportunities of climate change. Carney’s speech to financial leaders in London comes as the U.K. prepares to host the next U.N. climate summit, known as COP26, a year from now in Glasgow.

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