Achieving carbon neutrality by 2060 will require radical changes. Formidable challenges lie ahead, but also investment opportunities with renewables, electric vehicles and energy storage set to benefit. [vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Jie%20Lu%22%2C%22job_role%22%3A%22Head%20of%20investments%2C%20China%2C%20Robeco%20(China)%22%2C%22content%22%3A%22Jie%20Lu%20is%20Head%20of%20Investments%20China%20in%20the%20Asia%20Pacific%20team.%20Before%20joining%20Robeco%20in%202015%2C%20he%20worked%20at%20Norges%20Bank%20Investment%20Management%20as%20a%20Portfolio%20Manager%20in%20Shanghai%20from%202011%20to%202015%2C%20and%20as%20an%20Analyst%20in%20Hong%20Kong%20from%202009%20to%202011.%20Prior%20to%20that%2C%20he%20worked%20at%20the%20M%26A%20department%20of%20Morgan%20Stanley%20Asia.%20Jie%20started%20his%20career%20at%20Motorola%20in%202000%20and%20is%20a%20native%20Mandarin%20Chinese%20speaker.%20He%20holds%20an%20MBA%20with%20Distinction%20in%20Finance%20and%20Marketing%20from%20Northwestern%20University%20in%20the%20US.%20He%20also%20holds%20a%20Master%E2%80%99s%20in%20Electrical%20Engineering%20and%20Computer%20Science%20from%20the%20University%20of%20Illinois%20and%20a%20Bachelor%E2%80%99s%20in%20Biochemistry%20from%20Fudan%20University%20in%20China.%22%2C%22image%22%3A%2245831%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjie-lu-311a37%2F%22%7D%5D” title=”Speaker” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Stephen%20Kotkin%22%2C%22job_role%22%3A%22Professor%20in%20History%20and%20International%20Affairs%2C%20Princeton%20University%20(United%20States)%22%2C%22content%22%3A%22Professor%20Kotkin%20received%20his%20PhD%20from%20the%20University%20of%20California%2C%20Berkeley%20in%201988%2C%20and%20has%20been%20a%20professor%20at%20Princeton%20since%201989.%20He%20is%20also%20a%20senior%20fellow%20at%20the%20Hoover%20Institution%20at%20Stanford%20University.%5CnAt%20Princeton%20Professor%20Kotkin%20teaches%20courses%20in%20geopolitics%2C%20modern%20authoritarianism%2C%20global%20history%2C%20and%20Soviet%20Eurasia%2C%20and%20has%20won%20all%20of%20the%20university%E2%80%99s%20teaching%20awards.%20He%20has%20served%20as%20the%20vice%20dean%20of%20Princeton%E2%80%99s%20Woodrow%20Wilson%20School%20of%20Public%20and%20International%20Affairs%2C%20and%20chaired%20the%20editorial%20committee%20of%20Princeton%20University%20Press.%20Outside%20Princeton%2C%20he%20writes%20essays%20and%20reviews%20for%20Foreign%20Affairs%2C%20the%20Wall%20Street%20Journal%2C%20and%20the%20Times%20Literary%20Supplement%2C%20among%20other%20publications%2C%20and%20was%20the%20regular%20book%20reviewer%20for%20the%20New%20York%20Times%20Sunday%20Business%20section%20for%20many%20years.%20He%20serves%20as%20an%20invited%20consultant%20to%20defence%20ministries%20and%20intelligence%20agencies%20in%20multiple%20countries.%20His%20latest%20book%20is%20Stalin%3A%20Waiting%20for%20Hitler%2C%201929-1941%20(Penguin%2C%202017).%20His%20previous%20book%20was%20a%20finalist%20for%20the%20Pulitzer%20Prize.%22%2C%22image%22%3A%2245822%22%2C%22linkedin%22%3A%22%22%7D%5D” title=”Moderator” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Jen%20Bishop%22%2C%22job_role%22%3A%22Head%20asset%20allocation%2C%20Coal%20Pension%20Trustees%20(United%20Kingdom)%22%2C%22content%22%3A%22%22%2C%22image%22%3A%2246372%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjennifer-bishop-cfa-502b1714%2F%22%7D%5D” title=”Investor Response” el_class=””][vc_empty_space height=”10px”]
Do you expect China’s pledge to carbon neutrality to result in an intensification of the tech war between China and the US, given the likely scramble for new technologies that will be needed to make the energy transition?[vc_line_chart x_values=”” values=”%5B%7B%22title%22%3A%22Yes%22%2C%22y_values%22%3A%2265%22%2C%22color%22%3A%22blue%22%7D%2C%7B%22title%22%3A%22No%22%2C%22y_values%22%3A%2217%22%2C%22color%22%3A%22pink%22%7D%2C%7B%22title%22%3A%22Unsure%22%2C%22y_values%22%3A%2217%22%2C%22color%22%3A%22sandy-brown%22%7D%5D”]
Research from Princeton University plots a Blueprint for how the US can achieve net zero emissions in the next decade showing the key is overcoming execution challenges including the infrastructure deployment and the mobilisation of capital and labour.
The introduction of climate-related investment products, a string of engagement successes, and Robeco’s response to Covid-19 are among the topics discussed in the annual report.
Robeco commissioned a survey that asked probing questions to more than 300 institutional, wholesale and insurance investors accounting for about 20% of global assets. The results have been both encouraging and an indication that much still needs to be done.
To better inform investors and the wider public about the investing implications of global warming, Robeco launched a climate hub to cover all its major aspects. In five sections, we focused on the Urgency of facing climate change, the Challenges that it presents, the Responsibility we have to tackle it, the Opportunities it also brings, and the Solutions that are available.
This special report aims to address the challenge of mobilising investment and finance to support clean energy transitions in the emerging and developing world.
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