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Money Talks from The Economist

Money Talks: The brass is greener

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 18 August 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

Hundreds of billions of dollars are pouring into the business of decarbonisation. Can this green boom flourish where the last one wilted? Plus, why the branchless neobanks finally conquering America face new challenges beyond the pandemic. And the cybersecurity industry is thriving—but do those shelling out for protection get what they pay for? 


The Economist’s finance editor Rachana Shanbhogue hosts, with Ciaran Martin, former head of the National Cyber Security Centre.


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Transcript

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0:00.0

Everybody is talking about ESG at the moment, the danger is it's been reduced to easily

0:08.0

measurable metrics.

0:09.0

What we mean by actually ESG is how do we think about the investments we're making for

0:14.5

clients and the impact they have in the real world?

0:19.0

Find out more by searching for Bayley Gifford Actual Investors.

0:31.0

Hundreds of billions of dollars are pouring into the business of decarbonisation,

0:37.0

from Wall Street Giants, corporate titans and governments alike.

0:40.0

Will their bets pay off?

0:49.0

You're listening to Money Talks from the Economist, a weekly podcast on the markets,

0:53.0

the economy and the world of business.

0:55.0

I'm Rachna Sharnbogue, finance editor at the Economist and also on today's show,

1:00.0

branchless neo banks are finally conquering America, but can their popularity outlast the pandemic?

1:06.0

Like in any other tech business, customer acquisition and market, it can be a huge cost.

1:12.0

You really need to build trust with people who may not have had the best experience with financial services in the past.

1:18.0

And the cyber security industry is booming.

1:21.0

But did those shelling out for protection get what they pay for?

1:24.0

We have mischaracterised the problem and enfantilised high functioning people into thinking

1:29.0

that there's nothing they can do about this.

1:38.0

Scientific consensus is that we are causing global warming.

1:42.0

In the late 2000s, interest in climate change had never been higher.

1:46.0

And the Oscar goes to an inconvenient truth.

1:50.0

America's former vice president, Al Gore, won an Academy Award with that documentary,

...

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