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Ex-BlackRock Executive Seeks Unity to Fight Climate Change | Company Business News - Mint

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Ex-BlackRock Executive Seeks Unity to Fight Climate Change | Company Business News

Ex-BlackRock Executive Seeks Unity to Fight Climate Change

Paul Bodnar, BlackRock Inc.’s former chief of sustainable investing, said climate activists need to stop “demonizing” the fossil-fuel industry for advances to be made on the environmental front.

(Bloomberg) -- Paul Bodnar, BlackRock Inc.’s former chief of sustainable investing, said climate activists need to stop “demonizing" the fossil-fuel industry for advances to be made on the environmental front.

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Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

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