Managers Of $40 Trillion Make Plans To Decarbonize The World
- Date: 07-Sep-2020
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Managers Of $40 Trillion Make Plans To Decarbonize The World
European New Exchange Technology in Amsterdam is the largest stock exchange in Europe, one of the ... [+] cogs in a global financial system needing to be harnessed to address global issues like climate change.
Amsterdam Municipal Department for the Preservation and Restoration of Historic Buildings and Sites
The Institutional Investors Group on Climate Change (IIGCC) is a European group of global pension funds and investment managers, totaling over 1,200 members in 16 countries, who control more than $40 trillion in assets (€33 trillion). They have drawn up a plan to cut carbon in their portfolios to net-zero and hope other investors will join them.
The group's mission is to mobilize capital for a global low-carbon transition and to ensure resiliency of investments
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