NOVEMBER 2021: In a piece for sustainability website edie, James Bidwell quotes the former Bank of England governor turned eco-evangelist Mark Carney: “Achieving net-zero emissions will require a whole economy transition. Every company, every bank, every insurer and investor will have to adjust their business models.”
Bidwell adds: “Much recent focus has been on government targets, but these words remind us that everyone is responsible for delivering a carbon-free future.
“In simple terms, the ‘transition economy’ – a concept popularised by Mr. Carney –refers to the shift from an economy fuelled by fossil fuels to one fuelled by renewables.
“At Re_Set and Springwise, our horizon scanning and client work support Mr. Carney’s belief that this is ‘the greatest commercial opportunity of our time’. American credit rating giant Moody’s agrees, seeing a $45trn opportunity for those willing to seize the moment…”
You can read the full article, including James’ key takeaways for businesses at edie.
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