Al Gore has warned that the ¡°the mounting threat of green-wash¡± poses a significant and increasing risk to a successful transition away from fossil fuels.
¡°There remains a yawning gap between long-term climate goals and near-term action plans¡± at both the corporate and government levels, the former U.S. vice president said, adding that the chasm encompasses more than just environmental issues. ¡°Large emitters must increase their climate ambitions with renewed credibility and urgency. Likewise, developing countries urgently need substantial support on vaccine access, climate finance and debt relief.¡±
At the same time, sustainable investing has ¡°entered the mainstream,¡± providing even more openings for potential green-washing, said Gore, 73, currently chairman of Generation Investment Management. ¡°We must be vigilant about the rising threat of green-washing or risk derailing hard-won progress¡± that has been made in recognizing the climate crisis, he said.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.