The Reith Lectures
From Climate Crisis to Real Prosperity
Dec 23, 2020
Mark Carney, former Governor of the Bank of England, discusses the deep crisis of values behind the climate change threat. He proposes creating an ecosystem where society's values expand the market's conception of value. The podcast covers the impact of the Industrial Revolution on climate, the transition to a green economy, aligning the financial sector towards net zero, valuing natural assets, achieving global zero net carbon emissions, and the urgent need for climate action.
57:43
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Quick takeaways
- Climate change threat arises from a crisis of values prioritizing financial value over human values.
- Urgent action needed to address the climate crisis caused by rising carbon dioxide levels and warming temperatures.
Deep dives
The urgency of addressing climate change and the role of market economies and societies
Dr. Mark Carney discusses how financial value has been prioritized over human values, leading to global crises such as credit, COVID, and climate. He emphasizes the need to reframe societal values and highlights the role of the market in finding solutions to the climate crisis.
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