U.S. and european investors tackle climate change risks and opportunities Investors Make bold commitments to energy efficiency and other clean technologies, require closer scrutiny of carbon-intensive investments
Nearly 50 leading U.S. and European institutional investors managing over $1.75 trillion in assets today released a climate change action plan at the United Nations that will boost investments in energy efficiency and clean energy technologies and require tougher scrutiny of carbon-intensive investments that may pose long-term financial risks.
Additionally, European investors managing $6.5 trillion in assets supported the action plan "in principle."
Source: Ceres
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