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The greening of markets

It Is not immediately obvious what role financial markets can play in addressing climate change. Climate change happens slowly and has a global impact on the physical environment, whereas financial markets react to news in fractions of a second and are almost liberated from specific physical locations. the low energy intensity of the financial sector means that reductions in greenhouse gas (GHG) emissions would have little impact on the physical operations of financial markets and institutions. March 2008

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