If risks and opportunities arising from climate change are appropriately reflected in the prices of financial instruments such as stocks and bonds, this should facilitate funding and investment through financial markets and, in turn, add impetus to the climate change response.
He failed though to admit that the “brave” negotiations that he and Yanis Varoufakis led, which led to the change of the name of the Troika to institutions and removed the Troika from the ministries to the Hilton, had also a cost.