ESG

MSCI chief: ‘It’s not time to take shots at the COP president’

Despite Sultan Al Jaber's claim there is 'no science' behind fossil fuel phaseout, the UAE's climate action deserves praise

People who expect carbon markets to be like the LSE 'are crazy', MSCI boss Henry Fernandez said
People who expect carbon markets to be like the LSE 'are crazy', MSCI boss Henry Fernandez said Photo: Annie Sakkab/Getty Images

“Taking shots” at the president of COP28 for denying the need to phase out fossil fuels will not solve global warming, the boss of the MSCI has said.

Speaking to Financial News from the UN’s climate summit in Dubai, Henry Fernandez said there is a “gigantic road ahead” on tackling the climate crisis and “we don’t have time” to dwell on the negatives.

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