The 2023 United Nations Climate Change Conference (COP28) highlighted the need for higher levels of climate finance, including to help emerging economies with the energy transition. The World Economic Forum, meanwhile, has said current investments are insufficient to reach net-zero emissions by 2050.
At CleanTechnica, Carolyn Fortuna writes on what role investors can play in decarbonizing the economy while doing what they can to ensure their portfolios remain financially stable, including by protecting themselves from the economic risks of climate change.
She writes:
What needs to be done?
“Investment Progress For 2024: Position Yourself To Be Prepared For A Decarbonizing Economy,” by Carolyn Fortuna, CleanTechnica, June 4, 2024.
- Use information about climate-related costs and opportunities as part of an overall investment process.
- Balance climate-related factors with other risks and opportunities.
- Invest in carbon-intensive securities where active managers have considered the physical and transition risks from climate change.
- Recognize that there’s no free or perfect hedge to protect portfolios from complex climate risk.
Read the full article originally published on CleanTechnica on June 4, 2024.
