Join Amit Kara, climate macroeconomist, as he explains why markets have so far failed on climate change.
Climate change damages the planet, and we know that human activity generates the greenhouse gases that are causing that change. So why are we not acting in our self-interest, and addressing the problem? The reason for inaction is because climate change is an example of market failure. To learn about the climate change market failure, watch this video from Finance Unlocked and Amit Kara, formerly a senior macro economist at the National Institute of Economics and Social Research (NIESR) who leads research projects around carbon taxes and extreme weather events.
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