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BoE’s Carney Sees Up to $7 Trillion Invested in Renewable Energy

  • Investors can seize opportunity presented by climate policies
  • China’s growing green bond market will help drive investment

As much as $7 trillion of investment will flow into clean technologies that can help curb pollution and climate change over the next two decades, Governor of the Bank of England Mark Carney said.

Companies and investors can take advantage of the shift to low-carbon energy, spurred by government policies, as they prepare for the risks climate change may bring, such as rising sea levels, Carney said at an event in Toronto on Friday.