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Daily Inspiration Quote by Mark Carney

"Climate change is the greatest commercial opportunity of our time"

About this Quote

Mark Carney’s line weaponizes the language boardrooms actually obey: opportunity. In a world where “existential threat” can trigger paralysis or partisan reflexes, “greatest commercial opportunity” is a deliberately disarming frame. It tells capital markets they don’t have to become saints; they can stay self-interested and still move in the right direction. That’s the intent: reroute climate action through incentives, not guilt.

The subtext is tougher. Carney is saying the old economy is mispriced. Climate risk isn’t a niche concern for environmentalists; it’s a balance-sheet problem and a growth story. If you accept that, then decarbonization stops being a cost center and becomes a reallocation project: new infrastructure, new finance products, new regulation-compatible business models. The phrase “of our time” does rhetorical work too, elevating green investment to the status of a generational industrial shift, like electrification or the internet, and implying that firms who hesitate will be punished not by activists but by markets and physics.

Context matters: Carney’s career sits at the intersection of central banking and climate policy, where the mission is stability and the fear is systemic shock. He’s spoken repeatedly about “stranded assets” and the “tragedy of the horizon” - the way political and corporate timelines dodge long-term risk. Calling climate change an opportunity is also a warning to incumbents: adapt or watch your assets become liabilities.

It’s a pragmatic provocation. The discomfort it creates is part of the point: if you can make profit the messenger, you can move faster than persuasion alone.

Quote Details

TopicBusiness
SourceSpeech/Remarks: UN Climate Action Summit (UN Secretary-General’s Summit, New York, 23 September 2019) , remarks widely reported from his COP26 finance role
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Citation Formats

APA Style (7th ed.)
Carney, Mark. (2026, January 25). Climate change is the greatest commercial opportunity of our time. FixQuotes. https://fixquotes.com/quotes/climate-change-is-the-greatest-commercial-184186/

Chicago Style
Carney, Mark. "Climate change is the greatest commercial opportunity of our time." FixQuotes. January 25, 2026. https://fixquotes.com/quotes/climate-change-is-the-greatest-commercial-184186/.

MLA Style (9th ed.)
"Climate change is the greatest commercial opportunity of our time." FixQuotes, 25 Jan. 2026, https://fixquotes.com/quotes/climate-change-is-the-greatest-commercial-184186/. Accessed 12 Feb. 2026.

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About the Author

Mark Carney

Mark Carney (born March 16, 1965) is a Economist from Canada.

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