Monday Apr 29, 2024

Global Innovation Lab Expands Membership, Financial Stress Rises, Taxing Fossil Fuel Firms, and Asset Managers Embrace Bitcoin

The Global Innovation Lab for Climate Finance surpasses 100-member organizations. Financial pessimism rises alongside interest rates and inflation. Taxing big fossil fuel firms could raise $900bn in climate finance by 2030. US asset managers increase BTC portfolio allocation as Borroe Finance shines.

Sources:
https://www.climatepolicyinitiative.org/over-100-lab-members/
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-financial-pessimism-rising-alongside-interest-rates-inflation-ive-had/
https://www.theguardian.com/environment/2024/apr/29/taxing-big-fossil-fuel-firms-raise-billions-climate-finance
https://crypto.news/us-asset-managers-increase-btc-portfolio-allocation-as-borroe-finance-shines/

Outline:
(00:00:00) Introduction
(00:00:44) Global Innovation Lab for Climate Finance Surpasses 100-Member Organizations
(00:03:03) Financial pessimism rising alongside interest rates, inflation: “I’ve had to reevaluate what is possible”
(00:05:49) Taxing big fossil fuel firms ‘could raise $900bn in climate finance by 2030’
(00:08:55) US asset managers increase BTC portfolio allocation as Borroe Finance shines

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