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Asia/Climate Change/Financial Markets – Asia won’t solve climate change without reform of financial markets (East Asia Forum)

Adam Triggs, Accenture and ANU

More than US$16 trillion worldwide is currently sitting in government bonds yielding negative real returns. Meanwhile, the world needs at least US$35 trillion of sustainable investment to avoid the 1.5 degree increase in global temperatures that the UN Intergovernmental Panel on Climate Change warns is now imminent.

Asia won’t solve climate change without reform of financial markets | East Asia Forum