A global push The 2015 Paris Agreement was a watershed moment in the fight against climate change. It was the first time a legally binding climate change agreement was agreed, signed and adopted by nearly 200 states and countries. The main objective of the agreement is a long-term temperature goal to keep the average rise below 2 degrees from pre-industrial levels. It also aims to reduce emissions as soon as possible and reach net-zero in the latter part of the 21st Century. This agreement kick-started both technological innovation as well as shifts within the financial services industry to meet these ambitious goals, such as a commitment of $100bn per year to the Green Climate Fund, providing much needed capital to finance climate projects.
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Climate Fintech: Handprints vs Footprints
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A global push The 2015 Paris Agreement was a watershed moment in the fight against climate change. It was the first time a legally binding climate change agreement was agreed, signed and adopted by nearly 200 states and countries. The main objective of the agreement is a long-term temperature goal to keep the average rise below 2 degrees from pre-industrial levels. It also aims to reduce emissions as soon as possible and reach net-zero in the latter part of the 21st Century. This agreement kick-started both technological innovation as well as shifts within the financial services industry to meet these ambitious goals, such as a commitment of $100bn per year to the Green Climate Fund, providing much needed capital to finance climate projects.