US envoy John Kerry: ‘There are trillions of dollars waiting to be invested’ in climate transition - FRANCE 24"French President Emmanuel Macron hosted world leaders at a summit in Paris to thrash out funding for the climate transition and post-Covid debt burdens of poor countries, hoping to secure billions of dollars in investment from the private sector.
“There are trillions of dollars waiting to be invested,” Kerry, a former US secretary of state, told FRANCE 24. “That’s what President Macron was addressing in this summit: how do we take those trillions of dollars and excite them to get into the market now in developing economies?”...
“There are currency challenges, political challenges, so everybody has to step up and begin to take the risk factor out of these investments,” he said....
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