Article Wall Street Is More Than Willing to Fund the Green New Deal
Investing in the environment is already a $12 trillion market. Now markets are just looking for guidance from Congress.
In the face of an environmental time bomb ticking away, US Congressional upstarts introduced a Green New Deal in early 2019. But the proposal’s backers have overlooked the role that Wall Street could play, acccording to financial journalists Katia Dmitrieva and Emily Chasan. And contentious political divisiveness is preventing serious debate that could lead to a workable, coordinated implementation. This insightful article presents investors, officials and the general public with a compelling case for a public-private partnership that could achieve the plan’s ambitious goals.
About the Authors
Katia Dmitrieva and Emily Chasan are financial journalists with Bloomberg BusinessWeek.