CRRM3 (Episode 18): G7 Endorses Substainability Subsidies, Redefines Trade Policy
Also in the mix: environmental taxes, carbon storage, trying to measure climate-related financial risks
Welcome to Episode 18 of CRRM3 -- the podcast that helps climate finance professionals and strategists chart strategic priorities based on concrete, objective data generated directly from the language policymakers use.
This week, we see the G7 and the global community intensifying their commitment and consensus on the necessity to deploy both subsidies and taxes to address climate change. Along the way, they are redefining the focus and modalities for global trade policy. The moves will only complicate further the delicate fiscal talks in Washington DC regarding the debt ceiling. Beyond the core G7 nations, key players include the EU, the IMF, and the ECB.
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