Wednesday, January 27, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Investors Support the UN Climate Summit Objectives

by Richard Matthews
September 19, 2014
in Uncategorized
0

Investors are lining up in support of the objectives of the UN Climate Summit. According to a Ceres Press release, almost 350 global institutional investors representing over $24 trillion in assets have called on government leaders to provide stable, reliable and economically meaningful carbon pricing that helps redirect investment commensurate with the scale of the climate change challenge, as well as develop plans to phase out subsidies for fossil fuels.

The International Energy Agency says that a total of one trillion per
year will need to be invested in clean technology by 2050 if we are to
keep global temperature increases below the upper threshold limit of 2
degrees Celsius. However in 2013 global spending was pegged at just $254
billion.


“Gaps, weaknesses and delays in climate change and clean energy policies will increase the risks to our investments as a result of the physical impacts of climate change, and will increase the likelihood that more radical policy measures will be required to reduce greenhouse gas emissions,” said the statement – the largest of its kind by global investors on climate change. “Stronger political leadership and more ambitious policies are needed in order for us to scale up our investments.”

“The perception prevails that we need to choose between economic well-being or climate stability. The truth is that we need both. What is needed is an unprecedented re-channelling of investment from today´s economy into the low-carbon economy of tomorrow. Investors are owners of large segments of the global economy as well as custodians of citizens’ savings around the world. Having such a critical mass of them demand a transition to the low-carbon and green economy is exactly the signal Governments need in order to move to ambitious action quickly,” said Achim Steiner, UN Under-Secretary-General and Executive Director of the UN Environment Programme.

“It is significant that the largest institutional investors from around the world are in agreement that unmitigated climate change puts their investments at risk,” said Mindy Lubber, director of INCR and president of the U.S.-based nonprofit sustainability advocacy group, Ceres. “The financial community has a message for heads of state gathering at the United Nations next week: we can’t afford to wait any longer for a climate deal.”

Stephanie Pfeifer, Chief Executive of IIGCC said: “The international investor community has today made it clear that the status quo on climate policy is not acceptable. Investors are taking action on climate change, from direct investment in renewables to company engagement and reducing exposure to carbon risk. But to invest in low carbon energy at the scale we need requires stronger policies. At the UN climate summit next week, policymakers can ensure pockets of climate leadership turn into mainstream actions.”

The statement was coordinated by the four investor groups on climate
change – Ceres’ Investor Network on Climate Risk (INCR) in the United
States, the European Institutional Investors Group on Climate Change
(IIGCC), the Investors Group on Climate Change (IGCC) in Australia and
New Zealand, and the Asia Investor Group on Climate Change (AIGCC) –
with the United Nations Environment Programme Finance Initiative (UNEP
FI) and Principles for Responsible Investment (PRI).

Click here to read the full statement.

Related

Related Posts
Investors Showing Leadership on Climate Change
Report Highlights Investor Action on Climate Change
Business Leadership at the UN Climate Summit
Prodigious Growth Predicted for the Global Green Economy
Investing in the Green Economy: Leveraging Significant Private Investment through Modest Public Finance
Institutional Investors Pushing for Government Action on Climate Change
Climate Change as an Investment Risk or Opportunity
Investing in Energy Efficiency
Alternative Energy Stocks and Risk Mitigation
Mandating Corporate Sustainability Data
Data Shows that Sustainability Pays
Sustainability Offers Better Returns for Investors
Returns on Green Investing
Sustainability Offers a Competitive Advantage & Better ROI
Investors and Global Sustainability
Growing US Corporate Investments are Driving Cleantech

ShareTweetShare
Previous Post

Scotland’s No Vote Good for the Environment

Next Post

Solar Power in US Schools: Study and State Rankings

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Solar Power in US Schools: Study and State Rankings

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Energy

Economics Fuel Renewable Energy Growth

by Richard Matthews
January 25, 2021
0

Global renewable energy capacity set a record last year and 2021 is expected to be even better.  Renewables are already...

Read more

Biden Gets to Work on Climate Action

January 21, 2021

Taking Stock of Trump’s Dismal Legacy

January 19, 2021

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In