European Asset Owners: Climate Alignment of Public Equity and Corporate Bond Portfolios
Posted on 11 December 2018
WWF identified the largest asset owners in 11 European countries and approached 88 of them to undertake a forward-looking climate scenario assessment.
At COP24, WWF launched its report European Asset Owners: Climate Alignment of Public Equity and Corporate Bond Portfolios. The report offers a forward-looking climate scenario analysis on how Europe’s largest asset owners are aligning - or not - their public equity and corporate bond portfolios with the Paris climate goal of keeping global warming well below 2°C.WWF identified the largest asset owners in 11 European countries and approached 88 of them to undertake a forward-looking climate scenario assessment. 33 agreed to disclose their climate alignment results in this report for a set of key climate-relevant technologies: coal power, renewable power, coal mining, oil production and gas production.
EU ministers played Robin Hood, but backwards – agreeing to give even more free pollution permits to heavy industry, rather than auctioning them and using the revenues for climate action and climate finance.
© Pixabay
EU ministers played Robin Hood, but backwards – agreeing to give even more free pollution permits to heavy industry, rather than auctioning them and using the revenues for climate action and climate finance.
© Pixabay