U.K.'s Sunak Sees Need to Turn Paper Pledges Into Climate Action.

Addressing delegates at what's been dubbed finance day at the summit, Sunak earlier promised to step up international climate aid, mobilize private sector finance and overhaul the global financial system to align it with a net zero future. (Bloomberg) -- U.K. Chancellor of the Exchequer Rishi Sunak said the world must translate hundreds of billions of dollars of pledges from companies and governments into concrete action on climate change, as he hailed a new "wall of capital" directed toward eliminating fossil fuel emissions. [Extracted from the article]