Bailey says firms should collaborate not disengage with high carbon suppliers

The video discusses the financial sector's crucial role in financing the transition to net zero, emphasizing the predictability of climate change and the need for proactive measures. It highlights the potential for economic growth through substantial investments in the transition and the importance of planning and coordination among governments, industries, and consumers. The government's 2023 Green Finance Strategy and the Bank of England's role in ensuring financial system resilience to climate risks are also covered.

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