The world's largest investors, representing $22.5 trillion in assets, published an open letter this past week. They want more decisive action on climate change by governments everywhere.
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World's Largest Investors Call For Intensified Climate Change Action
A coalition of the world's largest investors has called on governments on Tuesday to ramp...
A coalition of the world's largest investors has called on governments on Tuesday to ramp...
up action on climate change and boost clean-energy investment - or risk trillions of dollars in investments and disruption to economies.
In an open letter, the alliance of institutional investors, responsible for managing $22.5 trillion in assets, said rapidly growing greenhouse gas emissions and more extreme weather were increasing investment risks globally.
"Strong carbon-reducing government policies are an urgent imperative," said Chris Davis, director of investor programs at Ceres, a U.S.-based coalition of investors and green groups.
"Hurricane Sandy, which caused more than $50 billion in economic losses, is typical of what we can expect if no action is taken and warming trends continue," said Davis, who also works for the Investor Network on Climate Risk, which groups 100 institutional investors with assets of more than $11 trillion.
Full article:
http://www.huffingtonpost.com/ 2012/11/20/ investors-climate-change_n_2162 767.html
Image credit: Earth - The Operator's Manual
In an open letter, the alliance of institutional investors, responsible for managing $22.5 trillion in assets, said rapidly growing greenhouse gas emissions and more extreme weather were increasing investment risks globally.
"Strong carbon-reducing government policies are an urgent imperative," said Chris Davis, director of investor programs at Ceres, a U.S.-based coalition of investors and green groups.
"Hurricane Sandy, which caused more than $50 billion in economic losses, is typical of what we can expect if no action is taken and warming trends continue," said Davis, who also works for the Investor Network on Climate Risk, which groups 100 institutional investors with assets of more than $11 trillion.
Full article:
http://www.huffingtonpost.com/
Image credit: Earth - The Operator's Manual
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