
The episode discusses the failures of the financial system and the need for innovation to address climate and health challenges.
''Our financial system has failed us on so many fronts. Why do we have the scale of the climate change challenge?Why do we have the health challenge that we are facing?In order to finance innovation we need to innovate the financial system. Money is not always going where it is most needed. There is a lot of hoarding mentality. There is, as you say, a lot of short-termism. The risk return metrics are built around a rather flawed economic system. Metrics used are actually outdated''. Our...
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