The G20 does not have a great track record when it comes to climate change. This is a problem, because the group includes the world’s main greenhouse gas emitters. G20 countries have agreed to a global target not to warm the earth more than 2°C above pre-industrial levels as part of the UN Framework Convention on Climate Change.
Why does it matter that some investors will lose money in the short term when the long-term stakes are so high?
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