00:00Climate finance had $130 trillion in represented assets behind it.
00:04So why hasn't money alone delivered the transition?
00:07At the 2021 Glasgow Climate Summit,
00:10financial institutions announced commitments to align their activities with net-zero goals.
00:15The announcement sent a powerful signal,
00:17helping bring climate risks and emissions targets into financial decision-making.
00:22But a major challenge remained.
00:24Investment cannot modernize an entire economy on its own.
00:28Banks need workable policies that help clean energy projects move forward,
00:32from faster permitting to upgraded electricity grids.
00:35Battery storage also needs conditions that make large, long-term investments more practical.
00:41Meanwhile, energy affordability and security have competed with climate goals for public attention.
00:47The key lesson is that available capital and effective policy must work together.
00:52Clear, predictable rules can give investors greater confidence
00:55to finance cleaner technology and infrastructure,
00:58The money matters.
00:59But turning financial commitments into real-world change
01:02requires systems that let those investments deliver.
01:06Disclosure, this video contains stock footage and content created or enhanced
01:09using AI-assisted tools.
01:11Decks do a better view, the Know of the sustainability and future quality.
01:11What do we do in multiple ways that follows?