Category: lowcarbon
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Yellen says $3T needed annually to ensure shift to low-carbon global economy (NASDAQ:ICLN)
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GetYourPic/iStock via Getty Images US Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy will It requires $3 trillion in new capital every year. By 2050, which is far beyond current funding. Speaking in Brazil after a meeting with G20 finance ministers to discuss…