By Jon Hay
17 Dec 2020
After four years of the US government noisily refusing to protect humanity from climate change and pushing back on responsible investing, sustainable finance supporters are full of hope that Joe Biden’s presidency will shift the US and the world in the right direction. Jon Hay reports
Capital markets players are convinced the US’s long wandering in the wilderness as the world’s chief renegade on climate change is coming to an end.
The election of Joe Biden as president though without control of the Senate, barring great luck for the Democrats in January’s Georgia run-offs has wrested power from the most aggressive enemy of climate policy among world leaders and given it to a candidate who knows the urgency of action.