Finance has emerged as a central focus of the United Nations Climate Change Conference. Banks, insurers, and asset managers representing some $130 trillion on the books have pledged to align themselves with net-zero emissions goals.
The conference—known as COP26—has highlighted the role that public and private investment can play in decarbonizing the economy, and it has raised the profile of investing with an environmental, social, and governance (ESG) mind-set.
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