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Excerpt
August 2024, Opinion: "Financing capital-intensive climate-related initiatives necessary to lowering emissions by 2050 will cost trillions of dollars, highlighting the need for innovative financing solutions, Peter Tufano, a professor at Harvard Business School, said, citing recent estimates. In response, Tufano and colleagues are working on a “whole-system” approach to finance, which combines public and private organizations, along with risk and return engineering, to provide efficient and effective financial solutions to climate change."