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Fink Says Companies, Governments Must Team Up on Climate (1)

Jan. 27, 2021, 1:14 PM

BlackRock Inc. Chief Executive Officer Larry Fink said that public and private sectors will need to work together to confront climate change.

“Governments worldwide are going to need to invest in the R&D of how to prepare for climate change, in helping us design and build new technologies,” he said Wednesday at Bloomberg’s “The Year Ahead” virtual conference during an interview with Editor-in-Chief John Micklethwait.

BlackRock revealed new climate commitments earlier this week, building on Fink’s proclamation last year that global warming would reshape finance. Fink, 68, asked companies to reveal their plans to adjust to a net-zero economy ...