Does big money really believe green is good? episode artwork

EPISODE · Feb 15, 2021 · 24 MIN

Does big money really believe green is good?

from The Climate Question · host BBC World Service

When a man sitting on nearly $9 trillion dollars of funds speaks, CEOs, investors and politicians listen. In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.” He's not alone in championing big money's green awakening, but the titans of finance remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars. So does the rhetoric marry with reality? Guests: Caroline Le Meaux - Head of ESG Research, Engagement, and Voting policy at Amundi Jeanne Martin - Senior Manager at Share Action Vishala Sri-Pathma - BBC business reporter

When a man sitting on nearly $9 trillion dollars of funds speaks, CEOs, investors and politicians listen. In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.” He's not alone in championing big money's green awakening, but the titans of finance remain invested in the fossil fuel industry to the tune of hundreds of billions of dollars. So does the rhetoric marry with reality? Guests: Caroline Le Meaux - Head of ESG Research, Engagement, and Voting policy at Amundi Jeanne Martin - Senior Manager at Share Action Vishala Sri-Pathma - BBC business reporter

NOW PLAYING

Does big money really believe green is good?

0:00 24:01

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Climate Question?

This episode is 24 minutes long.

When was this The Climate Question episode published?

This episode was published on February 15, 2021.

What is this episode about?

When a man sitting on nearly $9 trillion dollars of funds speaks, CEOs, investors and politicians listen. In late January, Larry Fink, boss of the world’s largest hedge fund, BlackRock, announced in his annual letter that "climate risk is investment...

Can I download this The Climate Question episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!