Climate Changes vs Cash: Can Green Investment Change World?
Keeping climate changes in mind is very important. For decades environmental protection was seen as a money loser. But the past few decades have changed that perception. The growth of mankind is important but not at the cost of the environment. For years, we have been neglecting the norms of sustainable growth. But we need to understand that in a few years from now we will be, or rather we already are, at a point of no return! But, we still have time to make sustainable growth our only agenda.
The world isn’t changing a bit, it’s changing a lot! We should understand this. We need to be prepared for what comes next. These unlimited constructions, mining activities are transforming the earth at an ever-increasing pace. The danger in climate changes is real. But so-called millionaires, billionaires – largely responsible for all this, have acknowledged this, so perhaps there’s a rope of hope after all!
For the better part of the last decade, investors have determined what happens in the world. All countries are very eager for FDI – Foreign Direct Investments, once they enter a particular market they have the full authority to decide what should be done. Not many times we see the government interfering in these things.
Recently young influential millionaires have expressed their support in the flavor of going green. They want the world of business and finance to go green, how delightful! These people are investing more and more into environment-friendly technologies; the recent bump in the stock price of Tesla is a testament to that! 😉
Zurich, also known as the city of washing money, has educational institutions studying the impact money has on climate changes. But this is quite an irony, as its financial institutions manage more private wealth than anywhere else in the world. Because of this Zurich is also known as the secret world of the Super rich.
According to these institutions, we have been underestimating the extent to which wealth is concentrated. In the whole world, there are some 32 million millionaires and about 2000 billionaires families. And, of course, these billionaire families preside over an immense amount of power through their companies and capital. We are not referring to billions but trillions worth of assets.
With this much amount of wealth in the picture, money surely impacts Climate changes. Even if 50% of investments are towards sustainable growth we can reduce the danger, to some extent, posed by climate change!!
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