Financing's role in reaching net-zero emission

And the economic damage caused by climate change is also increasing in line with global temperatures. The Act is a climate change and healthcare spending bill worth US$740 billion, of which $400 billion is spent on energy security and climate change programmes over the next ten years. Financing’s role in decarbonising the Asia regionAsia is one of the most vulnerable regions to climate change. "So that actually means energy is at the heart of both the liability and the opportunity for the region," Figueres said. "That is the Achilles heel of the Asia region and its financial sector."