Opinion

Finance must combat climate change – or else

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Published: November 11th, 2021,
Last updated: May 28th, 2025

Bevis Longstreth and Connor Chung
Bevis Longstreth is a former member of the US Securities and Exchange Commission and taught financial law at Columbia Law School. Connor Chung is a member of the Fossil Fuel Divest Harvard campaign.

This summer, the Intergovernmental Panel on Climate Change (IPCC) released its latest report, and the most startling thing about it is how unsurprising its contents were. Preventing the worst, the report says, is still possible, but only if humanity shifts to a carbon-neutral economy as soon as possible. „This report,“ says United Nations Secretary-General António Guterres, „must deal the death blow to coal and fossil fuels before they destroy our planet.“

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Emissions Climate protection Climate & Environment Climate Targets