Risk to return: Investors call on government to unlock climate adaptation finance
14 March 2017
Investors worth AU$1.2 trillion are calling on the Federal Government to review its approach to climate adaptation as the damage bill for the economy rises from increasing natural disasters.
In a new report – From Risk to Return – released today by the Investor Group on Climate Change (IGCC), investors layout the multi-billion dollar threats and opportunities of climate adaptation, as well as recommendations to overcome barriers to action.
“A hotter world entails substantial change for our infrastructure, our economy and our communities,” said Emma Herd, CEO of the Investor Group on Climate Change.