Reported 8 months ago
During the GreenFin 24 conference in New York, ex-BlackRock chief of sustainable investing, Paul Bodnar, emphasized the necessity for cooperation between climate activists and the fossil fuel industry instead of demonization. Bodnar highlighted the importance of recognizing the value of high-polluting assets while transitioning towards clean energy to minimize negative impacts on workers, communities, and investors. He also pointed out the need for a social compact to facilitate a smoother energy transition and highlighted opportunities in climate change adaptation projects often overlooked by the finance industry.
Source: YAHOO