’50 shades of green’: UN’s Usher highlights financing challenge for companies still in green transition ...Middle East

Greenwash activists take part in the final day of four days of The Big One climate protest activities organised by Extinction Rebellion (XR) on 24 April 2023 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images The head of the United Nations Environment Programme Finance Initiative believes there is still a “real challenge” in scaling the flow of investment to companies that are transitioning to become greener. Eric Usher, who heads up the UN partnership with banks, insurers and investors, said that there are areas more clearly understood to be green investments — such as renewable energy — which are “mobilizing a lot of capital today.” “The money is starting to mov

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