BlackRock CEO says the climate crisis is about to trigger ‘a fundamental reshaping of finance’

Hellenic Shipping News | Jan 16, 2020 at 12:00 AM
  • The chief of the world’s largest money manager believes the intensifying climate crisis will bring about a fundamental reshaping of finance.
  • The theme at this year’s January get-together, which is often criticized for being out of touch with the real world, has been designated as “Stakeholders for a Cohesive and Sustainable World”.
  • In an op-ed for The Guardian, published Friday, Thunberg — who was catapulted to fame for skipping school every Friday to hold a weekly vigil outside Swedish parliament in 2018 — said global leaders must also “end all fossil fuel subsidies”.