Yahoo Finance Video
The COP28 climate summit is underway, with world leaders gathering in Dubai to address the ongoing climate crisis. One major goal set by the 2015 Paris Climate Agreement is to reduce carbon emissions to net zero by 2050. MSCI CEO Henry Fernandez joins Yahoo Finance to sjhare his observations of some of the dialogue and focus areas currently underway at COP28, and why he believes the goals set under the Paris agreement are not currently efficient enough to tackle the ongoing crisis. "A lot of progress is being made, but there is still a long, long way to go," Fernandez tells Yahoo Finance, adding that global leaders need to move quicker and take on more risk in order to source and find alternative energy sources, "...so that we could have the $100 trillion dollar economy thriving and creating prosperity and economic growth for citizens of the world." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.