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climate change

Following the Green Climate Fund board meeting in Songdo, South Korea, country delegates agreed on procedures to operationalize the fund. Established in 2011, the Green Climate Fund now has clear guidelines for how to channel funds to help developing countries advance low-carbon strategies and implement measures to enhance climate resilience.

The following is a statement by Dr. Andrew Steer, President and CEO, World Resources Institute:

Rapidly declining natural systems are bad news for business. There is a two-way street between the economy and the environment: Businesses damage the environment, and the damaged environment then creates risks to the bottom lines of businesses.

Three reasons explain why investors should include sustainability considerations in their decisions, and why doing so is compatible with fiduciary responsibility.

Andrew Steer's recent travels resonated a common narrative: our current, high-carbon path is not only bad for our planet—it’s bad economics, too. He also witnessed how, at three levels—political, analytical, and practical—global momentum is building for a low-carbon future.

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