MONTREAL — A decade after Prime Minister Mark Carney delivered a famous speech about the financial risks associated with climate change, global organizations called for financial system reforms in an open letter on Monday.

The letter signed by Canadian, European, and American environmental groups calls for urgent changes, noting that a decade on, inaction is the overarching theme.

“This is the decade of consequence. The next 10 years must look much different than the last,” the letter reads.

Carney made the remarks on Sept. 29, 2015 in his role as Bank of England governor, just a few weeks before COP21 opened in Paris.

Carney warned the world’s leading financiers in a speech at Lloyds of London that financial mechanisms needed to be put in place to avoid what he termed the tragedy of t

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