Dan Barclay & Hiro Mizuno Discuss the Green Revolution
“I'm a genuine believer of the free economy, of free markets but when it comes to climate crisis, we just cannot let the market solve it because it might take time, and it may come up with the other wrong solutions. Because as you look back, the capital market for the long term, they are usually correct, but the short term, they make a lot of mistakes. So when it comes to the climate change, I've been calling for the government intervention, particularly setting the rule book so that the private businesses or private investors can really invest in the direction of the net zero goals,” says Hiromichi Mizuno, Special Envoy of U.N. Secretary-General on Innovative Finance and Sustainable Investments.
On this special episode of Sustainability Leaders, BMO’s Dan Barclay joined Hiro to discuss the role of finance and banking in the battle against climate change and the transition to a low carbon world.
In this episode:
Why COP26 can be identified as both a success and failure
The importance of COP26 focusing on how to get the job done rather than just talking about the theory
How putting pressure on the developed countries changed the dynamics, created momentum and provided hopefulness
Why the government, private sector, and NGO or civil society have never been so close to pushing the agenda in the right direction
Why the other financial sectors have to play a more proactive role in the Green Revolution like our predecessors played during the Industrial Revolution
Sustainability Leaders podcast is live on all major channels including Apple, Google and Spotify.
Dan Barclay
Senior Advisor to the CEO
