COP24: Ten years on from Lehman Brothers, we can't trust finance with the planet

clock • 11 min read

Private finance crashed the economy and is too consumed by the profit motive to be a reliable ally against climate change. We should not allow COP24 to be their board meeting, argues Tomaso Ferrando from the University of Bristol

Lehman Brothers filed for bankruptcy on September 15, 2008. The investment bank's collapse was the drop that made the bucket of global finance overflow, starting a decade of foreclosures, bailouts and...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Climate change

'Not pulling their weight': Why G7 climate policy needs a revamp

'Not pulling their weight': Why G7 climate policy needs a revamp

Business leaders call on G7 to redouble efforts to deliver on COP28 promise to transition away from fossil fuels

James Murray
clock 24 April 2024 • 7 min read
SBTi chief expresses 'deep regret' at corporate carbon offset row

SBTi chief expresses 'deep regret' at corporate carbon offset row

Climate standards-setting body confirms it is pressing ahead with plans to consult on potential changes that could see companies expand the use of carbon credits to tackle value chain emissions

Michael Holder
clock 22 April 2024 • 6 min read
BT and UK Business Climate Hub team up to boost SME climate action

BT and UK Business Climate Hub team up to boost SME climate action

New partnership aims to help smaller businesses halve emissions by 2030, and ultimately hit net zero by 2050

Stuart Stone
clock 22 April 2024 • 3 min read