Climate change is "the greatest commercial opportunity" facing the world, but more needs to be done to boost private sector investment in developing markets, an International Finance Corporation executive has said.
The U.S. Chamber of Commerce, the country's biggest and most influential business lobby group, shifted its position on climate change, saying Congress should pass laws pushing companies to limit greenhouse gas emissions.
Investors are judging how well energy companies have reoriented their businesses to cut emissions as they weigh activists' calls for divestment, climate finance specialists said.
Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.
