Financing for Combating Climate Change
Financing for Combating Climate Change
Financing for Combating Climate Change
Today, many corporate CEOs are discussing ways to finance the low carbon transition. The speed with which the world moves to a lower carbon business model may depend on financial engineering as well as electrical and industrial engineering.
Successful businessman Metin Liçis will try to answer the question of whether capital can help solve climate change.
“Most of the physical capital stock in the economy needs to be replaced by buildings, roads, transportation, factories, or at least adapted to fit zero carbon,” said MEtin Liçis.
Financing for Combating Climate Change
However, there are also a number of difficult questions on the agenda as to whom and how banks will provide this financing.
Saying that of course some difficult decisions have to be taken and banks cannot do this alone, METIN LIÇIS said that politicians need to open the locks and cooperate to ensure the flow of money.
Underlining that despite all this, banks are private institutions and they are not there to solve the problems of the society on their own, METIN LIÇIS said that they also require strong leadership and policy direction from governments. He concluded by saying that he is confident that in return, credible and fundable opportunities will be created that can generate returns and support policy objectives.