In a dim, drafty room in Glasgow, the world’s most powerful bankers gather to unveil how they plan to save the planet. An ominous video plays: Earth, spinning in space, is paired with dramatic footage of sea waves crashing, busy highways and smokestacks spewing vile pollution to the skies. An alarm clock tick, tick, ticks underneath it all until the screen goes black and it rings, screeching across the hall. Flashed across the screen is the reason they’re in the room: “It’s time to finance our future.”
As the lights go up, heavy hitters from the international finance world take the stage for a momentous announcement. The world’s most powerful financial institutions are banding together to help pay for the transition away from planet-warming fossil fuels — a global alliance that could change the game on climate action. Standing at a podium emblazoned with the United…
