The Investor Group on Climate Change (IGCC) has joined global investor groups in releasing a new snapshot of the actions investors have taken since the Paris Agreement was finalised.
Investors Got the Signal: Actions in 2016 since the Paris Agreement highlights practical examples of the steps investors have taken in 2016 to engage with companies on carbon-reducing strategies, deploy capital to low carbon assets, decarbonise investment portfolios and engage with policymakers.
“The Paris Agreement sent a huge market signal to investors that carbon risk is a financial risk and a major opportunity for low carbon growth. Around the world investors are responding, embedding carbon into risk processes and scaling up investment in low carbon assets”, said Emma Herd, Chief Executive of the Investor Group on Climate Change (IGCC).
“The election of Donald Trump as US President is concerning for investors and the uncertainty it brings to international collaboration on climate change. We cannot afford to let short term political shocks undermine our resolve to implement hard fought policy frameworks built on decades of work”.