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“We're living in a fascinating time, and unfortunately, to an extent, Europe and, very much so, North America are trying to hold onto the past while other parts of the world, like China, Taiwan, Korea, and Japan, are looking to the future. As an Italian citizen and an English citizen, I feel that we’ve left ourselves behind and that others are taking leaps forward. This isn't just about climate science; it’s about big geopolitics. It's about who wins the power battle over the dominant economy, economic thinking, and currencies. Do we have a reserve currency in the petrodollar? All these things are now being questioned in 2025. We're in an extraordinary period of history.”
For decades, the conversation around climate change often felt abstract, a distant threat. But what happens when that threat collides with the very concrete world of finance, with investments, and with the bottom line? Mark Campanale has been at the forefront of this critical intersection for over two decades. He's a veteran of sustainable finance, having helped launch some of the earliest responsible investment funds. But it's his work with the Carbon Tracker Initiative that has truly reshaped how we understand the economic risks of a fossil fuel-dependent future. Carbon Tracker, an independent financial think tank, introduced concepts like the "carbon bubble" and "stranded assets"—terms that have not only become central to the divestment movement but are now indispensable for investors and regulators trying to navigate the path to decarbonization. Mark Campanale and the Carbon Tracker Initiative have made it impossible to ignore the financial implications of a warming planet.
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