#COP24 :: Largest ever group of global investors call for more action to meet Paris targets

The group of 414 institutional investors with $31 trillion under management say governments must take serious steps to cut emissions

The 414 global investors - which represent US$31 trillion of assets-under-management - say they are deeply concerned about the “ambition gap” that exists between governments’ commitments and what is needed to limit the global temperature increase to well below 2C above pre-industrial levels.

They say that gap is increasing the physical risks from climate change and hampering investors’ ability to properly allocate trillions of dollars needed to support the much-needed transition to a low carbon economy.

They have signed a “Global Investor Statement” to be handed to world leaders this week at the COP24 - the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change in Poland…

more: Largest ever group of global investors call for more action to meet Paris targets | Environment | The Guardian