U.S. Treasury Secretary Janet Yellen emphasized Thursday that U.S. public investments that draw private-sector capital are essential for fostering long-term sustainable and inclusive growth.

Yellen played an important role in the Biden administration’s push to support low-carbon investment ... private investors would like to take advantage of opportunities, but often public ...

In a Financial Times interview, former Fed chair Janet Yellen argued that climate change is an existential challenge and that addressing it effectively involves massive private investments.