OPTrust joins 120 institutional investors in open letter to G7 Finance Ministers on climate change
Posted: June 1, 2015
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Email the linkCEOs from the world’s leading institutional investors – representing more than $12 trillion in assets – including OPTrust have signed an open letter to the G7 Finance Ministers urging them to support the inclusion of a long-term emissions reduction goal in an international climate agreement which is expected to be signed in Paris this December.
The letter outlines the significant systemic risk posed by climate change and states that “with the right market signals from policy makers, investment in low-carbon and climate resilient opportunities can flow and climate impacts and resulting economic damages can be mitigated.”
This is the first time a global coalition of investors has called for a long-term emissions reduction goal to be included in the Paris agreement.