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FINANCE DEBATE BONUS QUESTION:

In the news this week. The UK is hosting the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow on 31 October 12 November 2021.

The COP26 summit will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.

Some of the participants attending this conference blame the finance and banking world. They say that the focus on profit is causing climate change because they fund many fossil fuel and other unsustainable projects. Others say that finance and banking will save the world because of green energy and other clean investments. What do you think?

Please answer and fight for your position "Can finance and banking save the world from an ecological disaster?" Please choose ONE position: Yes or No and provide your opinion to back up your position and persuade others.

Yes because of these reasons...

No because of these reasons...

Please state your position using your own opinion and using finance terms and concepts you have learned in this course.