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The only way to net zero and beyond is to mobilise capital from the private sector

David Chance


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Boats on the exposed river bed of the Po in Italy. The river is at the lowest levels in 70 years and the drought is threatening crops. Photo: Francesca Volpi/Bloomberg

Boats on the exposed river bed of the Po in Italy. The river is at the lowest levels in 70 years and the drought is threatening crops. Photo: Francesca Volpi/Bloomberg

Boats on the exposed river bed of the Po in Italy. The river is at the lowest levels in 70 years and the drought is threatening crops. Photo: Francesca Volpi/Bloomberg

For its many vocal critics, environmental, social and corporate governance investing is a fraud that enriches only its financiers and achieves precious little in the way of good outcomes.

You might have thought ESG’s hour had come after Russia’s invasion of Ukraine woke us up to the very real risks of fossil fuel dependence.


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