COP28: Dalio Says Climate Projects Must Be Profitable

Bloomberg Television published this video item, entitled “COP28: Dalio Says Climate Projects Must Be Profitable” – below is their description.

Bridgewater Associates founder Ray Dalio says climate change is an expensive problem and green projects have to be profitable in order to attract the investment needed to tackle it. “We are living in a world that doesn’t have enough money,” he said at the Bloomberg Green event in Dubai.

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In This Story: Climate Change

Climate Change is the name commonly given to the notion that the Earth is undergoing a changing climate as a result of human activity, including notable leaders, scientists and naturalists including Sir David Attenborough.

Climate change includes both the global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns.

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In This Story: Ray Dalio

Raymond Thomas Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.

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