The world’s biggest money manager, BlackRock, has issued a stern warning to companies that they must decarbonise or die.

Chairman Larry Fink has written to chief executives warning them not to dismiss environmentalism as simply a “woke” issue but instead a key consideration of “effective capitalism”.

Today on Please Explain, national climate and environment editor Nick O’Malley joins Jess Irvine to discuss what 2022 holds in store for climate action.