Scientific American: What would a green financial system that encourages net zero greenhouse gas emissions look like?
It would have to reduce the risks of high-carbon assets while simultaneously scaling up capital for the low-carbon transition. But who would set the ground rules, and what role would there be for investors? It would mean a rechanneling of trillions of dollars of private capital. Can this be done in a way that doesn't threaten the world economy?
These are key questions in an ongoing dialogue among...