As the NRDC noted : ” The Natural Resources Defense Council, BlackRock and FTSE Group, the global index provider, partnered today in launching the first equity global index series that will exclude companies linked to carbon-based fossil fuel. “ ” The new investment tool will allow climate-conscious investors, including foundations, universities and certain pension groups, to match… Continue reading Footsie launches interesting tool for divestment
A thousand billion dollars, this the kind of money we need to invest every year to keep the world from warming more than two degrees Celsius, according to the UN climate chief Christiana Figueres, quoting IEA figures. In an interview with the Guardian, she stated that investments in clean technologies have to at least triple… Continue reading A trillion dollar a year in cleantech is needed
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 —… Continue reading Climate inaction is bad for investors
To Enerdata : ” The Government of Wallonia has set a target of 30% for green electricity production in 2016. To achieve this, the Walloon Government will ask energy suppliers to acquire an increased number of green certificates.” ” The current quota that providers must acquire is 16%. Until now, quotas were increased every year… Continue reading Wallonia to have 30 % clean electricity by 2016
We have seen previously that large investors completely understand how climate change mitigation is critical. Last year, more than 200 investors representing $13 trillion in assets demanded action on climate. Now, according to the United Nations, the movement is growing to 259 investors with $15 trillion in assets. This represents over a quarter of global… Continue reading More investors demand climate change action
I know it since my Master’s Thesis : insulating buildings and installing efficient renewable energies heaters is one of the most important ways to cut our fossil fuels consumption and greenhouse gases emissions. Meanwhile,according to a report published by Ernst & Young investing in energy efficiency is in vogue as required investments are lower and… Continue reading Could Wall Street pay for your home renovation ?
While many governments are slow to action, nearly 200 investors from around the world – led by Sir Nicholas Stern – are demanding strong climate change action as they see warming temperatures as a threat to the global economy. As the United Nations Environment Program notes : ” The world’s largest global investors issued a… Continue reading Investors demand strong climate change action