Major investors call on governments to secure a clear, long-term goal on climate action in Paris

We Mean Business: Almost 400 institutional investors representing more than $24 trillion in assets relased a statement in top-tier business and finance journals around the world, today.

In a previous letter to the G7 governments, investors noted that with the right market signals from policy makers, investment in low-carbon and climate resilient opportunities can flow and climate impacts and resulting economic damages can be mitigated.

Today’s statement from the group of investors who are responsible for managing the retirement savings and investments of millions of people, called for governments who will meet at the December climate negotiations in Paris to secure a clear, long-term goal. A long-term goal will enable investors to deploy more capital and unleash a wave of innovation, reduce emissions, build climate resilience and protect the investments and the livelihoods of millions of citizens around the world. [Continue reading…]

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