Large investors urge progress at climate talks Stronger domestic and international policy is needed to help unlock investment in low-carbon technology in the absence of a global climate deal, investors with over $15 trillion of assets said on Tuesday.
Investors call for global climate change deal at Cancun A group of the world’s biggest investors has called on governments around the world to take serious action at this month’s UN climate summit in Cancun, Mexico. The statement was backed by Ceres, a sustainable investment group, and the financial arm of the United Nations Environment Programme, the UN Environment Programme Finance Initiative (UNEP FI). The statement was signed by some 259 investors, who manage assets worth in the region of £9.44tr in total. Allianz and HSBC were amongst the signatories, joined by representatives from developing countries as well as European and North American pension funds. Financial Times (subscription only)