Edie reports that financial giant Morgan Stanley has committed to net zero financed emissions by 2050.
- There are financial incentives for firms to invest in clean, low carbon emitting projects and businesses.
- Government mandates are largely unnecessary as the free-market is shifting businesses to become cleaner and more environmentally friendly.
“‘Morgan Stanley believes we have an important role to play in facilitating the transition to a low carbon future, and we are proud to embark on this journey.’”
Read the full article here.