Big finance is signed up to the 1.5C goal – but will that mean big money for the green economy?

Rishi Sunak should temper his hopes of a huge pool of business cash to fund the net zero transition

Add up the assets of 450 of the biggest financial companies spread across 45 countries and what do you get? A very big number for Rishi Sunak to boast about, that's what. About $130tn (95tn) to be precise.

The chancellor, who is kicking off tomorrow's finance day at the Cop26 conference, will say that 40% of the world's financial assets is now owned by institutions aligned with the Paris 2015 goal of limiting the increase in global temperature to no more than 1.5C of pre-industrial levels.