Ray Dalio puts profits back in focus after painful period for green finance

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Ray Dalio puts profits back in focus after painful period for green finance

Ray Dalio, Bridgewater Associates Founder and CIO Mentor, discusses the financial implications of climate change with Bloomberg’s Francine Lacqua at Bloomberg Green at COP28 in Dubai.

Ray Dalio says climate change is an expensive problem and green projects have to be profitable in order to attract the investment needed to tackle it. “We are living in a world that doesn’t have enough money,” he said at the Bloomberg Green event in Dubai.

Billionaire Investor Ray Dalio puts profits back in focus after painful period for green finance

Source: Bloomberg Green, December 5, 2023