The United Kingdom’s Prince Charles called for a “vast military-style campaign to marshal the strength of the global private sector,” using the “trillions at its disposal, far beyond global GDP,” to “fundamental economic transition” during a climate change conference on Monday.
“My plea today is for countries to come together to create the environment that enables every sector of industry to take the action required,” Charles declared. “We know this will take trillions, not billions, of dollars. We also know that countries, many of whom are burdened by growing levels of debt simply cannot afford to go green.”
“Here we need a vast military-style campaign to marshal the strength of the global private sector,” he continued. “With trillions at its disposal, far beyond global GDP, and with the greatest respect, beyond even the governments of the world’s leaders, it offers the only real prospect of achieving fundamental economic transition.”
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