Climate: Climate Crisis and Sector

climate: He will commit the party to forcing the private sector into investing in the green industrial revolution . He will announce a review of the financial sector's role in the climate crisis, looking at where and how it is causing or exacerbating problems . It will examine measures preventing financial institutions from actively contributing to planetary heating or exposing our economy to financial instability . McDonnell, who has invited Extinction Rebellion, the environmental activist group, to brief his team, will promise to marshal the resources and levers of power available to the Treasury to fund and drive the climate change emergency programme under a Labour government, according to The Guardian. Facebook Twitter Pinterest An Extinction Rebellion protest in Camden, London, in June; McDonnell has invited the group to brief his team. In the latest attempt by Labour to display its green credentials, the shadow chancellor will use a speech in the City on Monday to commit to using the full might of the Treasury to tackle the issue. Photograph Ollie Millington/Getty Images It is the latest sign that Labour is responding to the threat from the Greens, who earned more than two million votes at last month's European elections, just 300,000 votes behind Jeremy Corbyn's party. However, while Labour has upped its rhetoric on green issues, there are still few details of what the party would actually propose to do should it win the next election. They more than doubled their tally of MEPs in the process. (news.financializer.com). As reported in the news.