A WWF report Power Switch: Impacts of Climate Policy on the Power Sector concludes that electricity utilities can cheaply reduce large quantities of emissions, but it depends to a great extent on the willingness of firms to switch to low carbon strategies. Investors and analysts therefore need to engage with utilities at the earliest opportunity to ensure that low-carbon investment strategies are in place.
WWF teams up with financial industry to tackle climate change
The financial industry needs to systematically screen climate change risks, according to a report Climate Change & the Financial Sector: An Agenda for Action by the Allianz Group and WWF. The report outlines specific steps for actions to better integrate risks from climate change into the insurance, banking, and asset management sectors.