Treasury Sec. Janet Yellen
Treasury Secretary Janet down is speaking on the a green economy, climate change, sustainability etc. ahead of the green summit which will take place at the White House tomorrow:
- important role for financial sector in financing and leading transitions to net zero economy
- taking the whole of the economy approach to climate change underscores importance of public/ private investments
- investments needed to green economy are enormous
- US committed to working closely with China, Europe, India to reduce emissions
- Bold and urgent action needed to transform global economy to combat climate change
- G 20 ministers, central banks will consider how to improve existing approach the sustainability disclosures
- Key challenge is lack of reliable consistent income parable disclosure of climate risks and opportunities