James Baldwin from LCP explains why infrastructure assets, despite their reputation as high emitters, can provide an opportunity for net-zero investors.
Prolonged engagement activities must run parallel to decisive action, inaugural progress report from asset owner body urges.
New International Energy Agency report calls for greater mobilisation of assets to further encourage major economies away from coal-powered electricity.
Speaking at a COP27 panel session, Ninety One Asset Management’s Hendrik du Toit explained why greater cooperation between different parts of the value chain can help tackle climate change.
The framework encourages the development of standardised, gold standard transition plans to support a net-zero economy.
Delegates at COP27 will be keen to see the finer details of a plan that many hope will be a blueprint for expediting energy transitions elsewhere.
Investment flow is less than 10% of what is needed – a situation that must be addressed rapidly, warns global coalition of financial institutions.
Critics say the decision to drop requirement makes the coalition, headed by Mark Carney, ‘less meaningful and credible’.
MSCI has launched a suite of Climate Action Indexes for investors seeking exposure to companies actively supporting a net-zero economy.
Global carbon tax ‘not going to happen’ says BNY Mellon Investment Management chief economist, so other incentives required.