Carney Sees ‘Massive Disconnect’ in Green Finance Rhetoric

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The former Bank of England governor said skeptical comments are at odds with the wave of money going into green projects.

Bloomberg News

Alastair Marsh

Published Jan 17, 2024 • Last updated 4 minutes ago • 3 minute read

Mark Carney, special envoy for climate action and finance at the United Nations, during an interview at Bloomberg House on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 17, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photo by Chris Ratcliffe /Bloomberg

(Bloomberg) — There’s plenty of money to be made by investing in the green energy transition, and financial professionals who say otherwise aren’t paying attention to the facts, according to Brookfield Asset Management Chair Mark Carney.

There’s a “massive disconnect” between what some of the heavyweights of global finance are saying and the wave of money flowing into green projects, Carney, who’s a former governor of the Bank of England, said in an interview on Wednesday at the Bloomberg House in Davos, Switzerland.

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Bloomberg News

2024-01-17 13:35:02

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