Finance

Wall Street Taps Political A-Listers for $30 Trillion Green Boom

Hiring names to open doors comes as green rules are debated, with lobbying in focus and greenwashing risks growing.

Mark Carney

Photographer: Chris Ratcliffe/Bloomberg
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Mark Carney to Brookfield Asset Management. Brexit architect Nigel Farage to DGB Group. A senior Obama aide to BlackRock Inc.

One after another, the high-profile hires came in recent months, and in each case, they were handed some iteration of the same mandate: To help their new employers safeguard and grow their burgeoning green-finance businesses.