Climate inaction is bad for investors
To Climate Progress : ” A new survey of investors and asset managers from around the world revealed rapidly growing concern that national policies to cut greenhouse gas emissions are “inadequate, inconsistent and halting.”
” The report was put together by the Global Investor Coalition On Climate Change. Together it represents 84 different firms — including both owners and managers — with a combined total of $14 trillion in assets. “
” (…) But underlying the numbers is a growing frustration that national governments are not doing enough to lay down consistent and long-term policies. “” The desire and capital to invest in green technology is there, but the clear rules to guide it often are not.”
Please read the full article for more on this frustrating situation.