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Ray Dalio Puts Profits Back in Focus After Painful Period for Green Finance

(Bloomberg) After a particularly bad year for green investing, the founder of the world’s biggest hedge-fund firm has just set the record straight.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as SpeakerDimon Says He Would Shut Down Crypto If He Had Government RoleRay Dalio, th

Ray Dalio says private capital can only realistically finance climate solutions if the returns make sense

Ray Dalio's message is part of a wider pivot in the messaging from the finance industry.

Ray Dalio says green finance has to be profitable

Ray Dalio Puts Profits Back in Focus After Painful Period for Green Finance

What banks really mean when they put trillions into ESG

In recent years, many of the world’s biggest banks have published reports chronicling the vast sums they say they’re channeling into environmental and social activities. Now, senior people inside the