Carney: Climate change initiatives a $7-trillion funding opportunity for capital markets

Imagine, a fraud on par with the entire central banking scheme itself.

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Climate change initiatives a $7-trillion funding opportunity for capital markets: Carney

The trillions needed to fund global carbon reduction commitments in the coming years is a big opportunity for investors, Bank of England Governor Mark Carney said Friday in a speech to Toronto’s financial community.

Carney, formerly the Bank of Canada governor, spoke at the Toronto Region Board of Trade with Catherine McKenna, the minister of environment and climate change. He said that given the enormous funding needs for clean infrastructure — he estimated at somewhere between $5 trillion and $7 trillion a year — investment opportunities will abound.

It will be up to capital markets on whether they recognize that opportunity and get involved in funding.

“If we get carbon disclosure right, the relative value opportunity in equities is considerable,” said Carney.

Last year, Carney and former New York City mayor Michael Bloomberg launched a task force to create voluntary…

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