called the green taxonomy. but you are right, at the moment. i called the green taxonomy. but you are right, at the moment.- are right, at the moment. i have to interrupt are right, at the moment. i have to interrupt you are right, at the moment. i have to interrupt you because are right, at the moment. i have to interrupt you because we - are right, at the moment. i have to interrupt you because we are i to interrupt you because we are going to go to rishi sunak right now. here in the uk to fund renewable energy in developing countries. two tangible, practical examples of how we are delivering our promise of $100 billion. but public investment alone isn t enough. 0ur $100 billion. but public investment alone isn t enough. our second action is to mobilise private finance. let me pay an enormous tribute to mark carney for his leadership, leadership that is delivering results. the glasgow financial alliance for net zero has now brought together financial organisations with assets w
and he outlined his plan to force british businesses to explain how they intend to deliver on climate targets. the chancellor said the finance to fight climate change had to come from a mix of public and private money. public investment alone isn t enough. our second action is to mobilise private finance. let me pay an enormous tribute to mark carney for his leadership leadership that is delivering results. the glasgow financial alliance for net zero has now brought together financial organisations with assets worth over $130 trillion of capital to be deployed. this is a historic wall of capital for the net zero transition around the world. what matters now is action to invest that capital
this is a historic wall of capital for the net zero transition around the world. what matters now is action to invest that capital in our low carbon future. to do that, investors need to have as much clarity and confidence in the climate impact of their investments as they do in the traditional financial metrics of profit and loss. so our third action is to rewire the entire global financial system for net zero, better and more consistent climate data. sovereign green bonds, mandatory sustainability disclosures, proper climate risk surveillance, stronger global reporting standards. all things we need to deliver and i am proud that the uk is playing its part. we ve already made it mandatory for businesses to disclose climate related financial