Curbing climate change and limiting global warming to 1.5 degrees Celsius, the level climate researchers say is needed, will cost about $5 trillion annually. So says Dimitry Gershenson, CEO and co-founder of lender Enduring Planet.
“There is nowhere near enough money invested in climate,” he said, noting that right now the totals are around $650 billion annually.
Gershenson and business partner Erin Davis co-founded Enduring Planet to be part of the solution.