Displaying increasing frustration with the slow response of national governments to climate change, a wide variety of non-governmental organizations from major banks to labor unions shared ideas about how best to deal with climate change outside of governmental structures. This meeting of 400 people was convened by the United Nations in early January.
According to Kevin Parker of Deutsche Asset Management, “It’s not going to be long before an investor looking to roll out a new energy plant has to take solar and wind and other forms of renewables very seriously,.”
Bloomburg New Energy Finance showed how investment in clean energy has multiplied in recent years, especially in the USA.
AFL-CIO leader Rich Trumka explained how the labor federation had already invested 200 million dollars in retrofitting buildings, creating green jobs, and that 1.2 billion dollars in workers’ pension funds had been invested in infrastructure projects related to climate change.
Non-profit organizations and small businesses have new opportunities to become involved in climate change issues as more investment and grant money becomes available.
To find out more visit Investor Summit on Climate Risk.
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