Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
If you’re like so many people in the world, you’re concerned about the climate crisis. If you are also an investor, then you should keep your attention on transition finance.
“Transition finance” is a new term that’s being tossed around to describe industries and infrastructure that promote a net zero economy. You might be saying, it’s another way to discuss “green finance,” but that’s not necessarily so, as green finance looks to climate solutions like wind farms or battery plants.
The term “transition finance” emerged during Conference of the Parties (COP) 28 when 200 nations agreed to move away from fossil fuels in a nonbinding deal to contribute to a global energy transition. Transition finance is fluid — fossil fuel companies create their own strategic plans for…
Read the full article originally published at cleantechnica.com.