Investors managing $32 trillion in assets call for action on climate change

by Simon Jessop, Reuters

Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland.

A total of 415 investors from across the world including UBS Asset Management and Aberdeen Standard Investments signed the 2018 Global Investor Statement to Governments on Climate Change demanding urgent action.

“The global shift to clean energy is underway, but much more needs to be done by governments to accelerate the low carbon transition and to improve the resilience of our economy, society and the financial system to climate risks,” the statement said.

Read more: https://www.reuters.com/article/us-climatechange-investors/investors-managing-32-trillion-in-assets-call-for-action-on-climate-change-idUSKBN1O80TR?utm_source=applenews

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