2011 Global Investor Statement on Climate Change
Climate change presents major long-term risks to the global economy and to the assets held by global investors. At the same time, well designed and effectively implemented long-term climate change and clean energy policy (“investment-grade policies”) will not only present significant opportunities for investors in areas such as cleaner and renewable energy, energy efficiency and decarbonisation, but will also yield substantial economic benefits.
In a joint statement, a group of 285 investors representing more than $20 trillion in assets, stresses the urgent need for policy action which stimulates private sector investment into climate change solutions, creates jobs, and is essential for ensuring the long-term sustainability and stability of the world economic system.
WORLD’S LARGEST INVESTORS, WORTH $20 TRILLION STEP UP CALL FOR URGENT POLICY ACTION ON CLIMATE CHANGE
Doubling in Investor Support Seen For Climate Action