
Climate change: UK calls on private sector to make big investments to save the planet
Fox News
Britain called Wednesday at COP26 for the world's financial industry to channel its vast funds toward greener investments to ensure that global efforts to curb global warming succeed.
Speaking at the U.N. climate summit in the Scottish city of Glasgow, Sunak said U.K. financial institutions and publicly traded companies will be required to publish plans detailing how green their investments and their own businesses are — in order to ensure they're actually contributing to reductions in global warming.
As home to the City of London, one of the world’s major financial centers, the U.K. "has a responsibility to lead the way" in financing those and other efforts to fight global warming, said Sunak.
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