More than 630 investors who collectively manage over $37 trillion in assets are calling on governments across the world to step up action to address climate change and achieve the goals of the Paris Agreement. Their call to action came in a statement signed on December 9, 2019 in Madrid, where countries are attending the UN COP25 conference to strengthen implementation of the 2015 treaty which seeks to limit global temperature rise to 1.5°C above pre-industrial levels.
The Global Investor Statement to Governments on Climate Change is a statement developed by the 7 Founding Partners of The Investor Agenda that urges action that includes phasing out thermal coal power, ending subsidies for fossil fuels, and updating and strengthening nationally-determined contributions (NDCs) to meet the goals of the Paris Agreement.
About The Investor Agenda
The Investor Agenda has been developed for the global investor community to accelerate and scale up the actions that are critical to tackling climate change and achieving the goals of the Paris Agreement with the aim of keeping average global temperature rise to no more than 1.5 degrees Celsius.
The Investor Agenda has been developed by seven Founding Partners: Asia Investor Group on Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change, Principles for Responsible Investment and UNEP Finance Initiative.
Please click here to read “The Global Investor Statement to Governments on Climate Change”.