"Meeting the goal of the Paris Agreement to limit global warming requires the global economy to transition to net-zeroan undertaking that requires immediate, decisive, and collaborative action across governments, financial institutions, companies, and other stakeholders," says Michael R.
Bloomberg, the founder of Bloomberg LP and Bloomberg Philanthropies, the UN Secretary-General's Special Envoy on Climate Ambition and Solutions, and co-chair of the Glasgow Financial Alliance for Net Zero.
In a press release, he adds that "by knocking down barriers that stand in the way of investment, we can spread the economic and health benefits of clean energy and gain ground in the battle against climate change."
To that end, Bloomberg will host the Transition Finance Action Forum on Sept.
19, 2023, in New York City.
"The strength of our economy and financial system relies heavily on public and private sector action to address climate change and embrace the opportunities of the net-zero transition," says Mary Schapiro, VP for Global Public Policy at Bloomberg.
"The international community must deliver on the net-zero transition this decade to meet our goals," adds Mark Carney, the UN Special Envoy for Climate Action and Finance and co-chair of GFANZ.
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