Billionaire Investor Ray Dalio on Climate Change
ฝัง
- เผยแพร่เมื่อ 4 ธ.ค. 2023
- Ray Dalio, Bridgewater Associates Founder and CIO Mentor, discusses the financial implications of climate change with Bloomberg’s Francine Lacqua at Bloomberg Green at COP28 in Dubai.
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How did such an intelligent man get dragged into this?
Ray Dalio is always pleasure to listen, his talk makes lot of sense and realistic.
🎯 Key Takeaways for quick navigation:
00:08 🌍 *Global Forces Overview*
- Ray Dalio discusses five major forces shaping the world.
- The forces include unprecedented government debt, internal divisions leading to populism, geopolitical shifts, impact of droughts, floods, and pandemics, and the role of technology.
- These forces contribute to a highly uncertain global landscape.
03:19 💸 *Money Matters in Climate Action*
- Dalio emphasizes the significant financial challenge in addressing climate issues.
- Multilateral development banks and philanthropists have limited resources compared to the required 5-10 trillion dollars annually for climate-related projects.
- Large institutional money, around 200 trillion, is a key funding source, but only a small fraction currently goes into climate initiatives.
06:29 🔄 *Creativity and Profitability in Climate Solutions*
- Dalio stresses the importance of making climate initiatives profitable to drive impactful change.
- Points out that many deals and projects are underway, emphasizing the need for financial sustainability.
- Acknowledges the role of regulations and politics but underscores the necessity for creative, profitable solutions.
08:57 🌐 *Adaptation and Realities*
- Discussion shifts to the challenges of achieving the 1.5-degree climate target.
- Dalio highlights the increasing focus on adaptation and the economic shift towards addressing the consequences of climate change.
- He expresses skepticism about achieving the 1.5-degree target and underscores the need for realistic approaches.
11:20 🌐 *Central Banks, Debt, and Climate Financing*
- Dalio delves into the intersection of central bank policies, interest rates, and the impact on financing climate projects.
- Recognizes the challenge of financing projects with rising interest rates and the potential difficulties in issuing debt for climate initiatives.
- Stresses the importance of balancing self-interest, returns, and the economic realities in the climate finance landscape.
14:16 🗳️ *U.S. Elections and Global Impact*
- Discusses the significance of the upcoming U.S. elections for global issues, particularly climate change.
- Emphasizes the role of U.S. leadership, policy, and cooperation in addressing climate challenges.
- Highlights the potential impact of the election outcome on global cooperation and policies.
18:13 💰 *Economic Outlook and Climate Finance*
- Dalio provides insights into the expected softening of the American economy, influenced by factors such as debt, interest rates, and economic happiness.
- Points out the challenges for the party in power due to economic conditions during the election.
- Discusses the implications of economic factors on climate project financing, projecting entrepreneurship as positive but not a game-changer in the short term.
The guy's a broken record : listen to him, he literally says the exact same things - the big cycle; I've seen this before; hasn't happened in the past, but not in our lifetime - virtually all time time.
The ramblings of a madman.
That broken record is a billionaire investor.
Who exactly are you random dude7384?
Other than a troll 😂
I care not; I don't bow down to money.@@wexpmedia5889
if he says the same thing u bitch and if he changes what he says i gurantee you will bitch and say he's a snake oil salesman. what do you want exactly
Are the problems not also cyclical?
U need a professional youtube thumbnail designer?