New Economy Forum

Climate Urgency Dominates Debate as New Economy Forum Wraps Up

  • Kerry sounds alarm on warming and sees hope for solutions
  • Maldives minister says the 1.5C cap is critical for world
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Climate change, the energy transition and the financial plumbing needed to channel trillions of dollars toward green investment dominated discussions on the third and final day of the Bloomberg New Economy Forum in Singapore.

US Special Presidential Envoy for Climate John Kerry led the call for real progress at the COP28 summit starting later this month, stressing the importance of sticking to the goal of capping global warming to 1.5C.