More than 450 investor, company and capital market leaders convened at the Investor Summit on Climate Risk last week to map out the next steps for increased action on climate change. The strong showing of leaders, ranging from institutional investors to state and city pension fund fiduciaries and corporate executives, demonstrated the growing mainstream attention to one of the world’s most pressing problems.
“It is encouraging to see investors from around the world stepping up like never before to align their investments with the market opportunities created by the Paris Agreement and the low-carbon transitions,” said Mindy Lubber, CEO and President of Ceres.
In the day’s opening remarks, Lubber issued a call to action, urging investors to scale up and accelerate action on climate change. “Investors must address the risks and seize the opportunities of climate change by increasing new investments in low-carbon technologies, including energy efficiency, and reducing investments in high-risk, high-carbon fossil fuels, such as coal,” Lubber said.
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