Monday, January 20, 2020

This is How Big Crony Climate Change Finance is Getting

From Goldman Sachs Sustainable Finance:
We believe that sustainability has evolved from aspirational ideals to commercial solutions.

Today, sustainable finance is no longer on the sidelines, but increasingly core to a company’s business. We are helping our clients accelerate climate transition and advance inclusive growth, bringing the full strength of the firm across our commercial expertise, capabilities and knowledge to deliver results that help contribute to broader growth and opportunity.

Sustainability is a firmwide mandate with a focus on the dual and inter-connected themes of climate transition and inclusive growth, and at the center is the Sustainable Finance Group which is partnering with our global businesses to harness capital markets to drive the transition to an inclusive, low-carbon economy. 
We are committed to helping our clients position themselves for a future in which sustainability is core to all industries and integrated across markets, with successful commercial solutions. We will achieve this vision by doing what we do best — invest, finance, advise, and innovate — to drive global climate transition and inclusive growth strategies that accelerate positive change. That’s why we’re targeting $750 billion in sustainable finance growth themes by 2030.
  • Clean Energy
  • Sustainable Transport
  • Sustainable Food & Agriculture
  • Waste & Materials
  • Ecosystem Services
No doubt there is a good chunk of government finance payouts to corporations in these Salem Climate Hunt expenditures that Goldman Sachs expects to advise on.



  1. Sustainable finance would mean an end to central banking, fractional reserve banking, a gold backed currency or similar, market rate interest, and so on. Oh this is about using central banking to engineer human society... again... never mind.

  2. I wonder if your man-on-the-ground environmentalist realizes what a tool he is.

  3. Shouldn't they already be investing in things that are sustainable? Who would ever go to their client and tell them "hey I have this great company I want you to invest in but their business is not sustainable"? My guess is that this is really a red flag that they are actually planning to do the opposite by investing in things that are not sustainable without government subsidies and restrictive regulation. And what the hell is inclusive finance? They use the word inclusion several times without ever telling you what that means. This sounds like SJW virtue signaling nonsense.