Are There Any Major World Financial Institutions That Don’t Want to Act on Climate?

It may be difficult to sort out what the IMF, OECD, U.N., and World Bank actually are, but they do agree on one thing.  Reducing carbon emissions can be good for the financial sector.

The International Monetary Fund (IMF) helps stabilize currencies.  The OECD is the Organisation for Economic Co-operation and Development, an international economic development organization.  The U.N. provides an international forum to solve disputes and address problems, while the World Bank provides loans to developing countries.

On Wednesday, OECD Secretary-General Angel Gurría made the case that ignoring the risks posed by climate change is even more dangerous than the risks posed by a breakdown in the financial sector.

Are There Any Major World Financial Institutions That Don’t Want to Act on Climate?