Suresh Narayanan on the Role of the Private Sector in Climate Change
The role of the private sector in facilitating the climate transition journey of our world has been much talked about recently. While many corporations, including those in the fossil fuel sectors, have started drafting out their own journeys to “net zero,” Ajay Banga, the newly appointed president of the World Bank, has also emphasized the need for active private sector finance in the climate transition. There is a growing realization that governments alone cannot do all that is needed to prevent the worst-case scenarios that the world is increasingly faced with. And yet, the full scope of…
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