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World Bank Head Calls for Carbon Pricing to Rescue Climate

2014-01-28 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: At the World Economic Forum in Davos, World Bank President Jim Yong Kim called for a price on carbon, requiring companies to disclose their climate risk exposure, and greater investment in green bonds in the fight against climate change. The forum, which wrapped up on Sunday, starts off a busy year for climate action as leaders in government, business, and finance aim for an international climate agreement in 2015. "Now is the time to act for future generations before it is too late," the banker...

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