Medium-income companies are too small to drive the world to a low-carbon economy and help governments do more to protect investors from being misled, the greenhouse, the IMF said on Monday.
The fixed financial position has increased over the past four years to about $ 3.6tn, the IMF wrote in its annual Global Financial Stability Report. But major new investments of up to $ 20tn will be needed by 2050 to achieve the goal of reducing global gas emissions by the middle of this century, he said. About 70% of these additional funds are expected from secrecy.
To achieve this, there is a need for investors and investors to understand how their money is being spent, the IMF has called, calling on regulators to protect financial companies from lying about environmental issues.
“Proper monitoring and monitoring systems are essential to prevent environmental degradation,” it said.
The International Monetary Fund (IMF) has said the growth of fixed income could be continued if policymakers can adapt to climate change standards and create new greenery systems to facilitate corporate governance.
“The investment sector can be an important factor in global economic change but, at the moment, it is small in size and size that could have a significant impact. Insisting on investment is important and necessary to support change, “the IMF said.
It also said that climate change is only $ 130bn of wealth in a sustainable economic system that uses natural styles, partnerships and leadership.
Taxes could also increase the amount spent on employment or life insurance purchased by stockbrokers, but only on the preparation of reports and oversight of its operations, it said.
The UK government hopes to make billions of pounds of new greenery after inviting the bosses of BlackRock, Blackstone, Goldman Sachs and JPMorgan to the UN COP26 summit, to be held in Glasgow next month.
More than 200 financiers are expected to attend the event, including Barclays boss Jes Staley, new Lloyds Banking Group CEO Charlie Nunn, Santander Ana Botín chairman Peter Peteron, Schroders chief financial officer, and private sector representatives such as GIC and Mubadala.