asset management
Renewable energy, clean mobility, transport, forestry, sustainable agriculture and biodiversity businesses are set to benefit
With pension funds controlling close to $60tn of global assets, could they play a key role in turning the tide on nature investments?
It has said the reason is due to “confusion about the views of individual investment firms”
Remaining $5tn under its management is not included in the target
The three partners have pledged to invest €100m each
It claims its paper will provide the clarity needed to the financial sector to hit net zero by 2050
More than 10,000 companies have been asked to reveal the action they are taking to stop climate change
This follows a 41% reduction in investments last year