Investors around the globe are increasingly incorporating climate change into their risk analysis, however there are huge regional discrepancies with investors in Europe streaks ahead of their counterparts in the US and Australia.
An alliance of Scotland’s finance sector, power and renewable energy firms and universities is backing a campaign being taken to Westminster, to lobby ministers on Edinburgh being the ideal home for the Green Investment Bank being set up by the UK government.
The international climate process survived at COP16, but the UN Cancun Agreement does not solve key issues such as legally binding emission targets and carbon pricing, according to chair of the Institutional Investors Group on Climate Change, Ole Beier Sorensen.
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