Why fossil fuels are a bad investment

The panel on “the green revolution” recommended changing evaluation strategies not only because it’s more profitable but also because there’s been a paradigm shift   Buenos Aires – The panel on “The green revolution. Are the banks taking advantage of the business opportunities in sustainable financing?” concluded that the financial sector must encourage investment in renewable energy, not only because they are profitable but also because international public policies are moving toward changing the matrix of traditional energy production in an effort to mitigate the effects of climate change. The panel was convened during the 50th Annual Assembly of the Latin American Federation of Banks (FELABAN). During their presentations, Marcos Brujis, Global Director of Financial Institutions, IFC; María Eugenia Sosa […]

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