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According to the survey, 45% of central bank governors believe that addressing the effects of climate change should be a monetary policy objective. Twenty-four percent disagreed with this statement, with 31% refraining from a categorical answer.
For sovereign funds, climate risk was the third risk to be given greater weight in 2020, after market and liquidity risks.
Excluding COVID-19, sovereign wealth fund representatives most frequently (62%) cited climate change as one of the macroeconomic themes affecting investment management decisions.
Note that in June, the president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, announced a commitment to increase the share of investment in green projects to 40% by the end of the year.
By the end of 2022, she said, the EBRD's operations will be fully compliant with the Paris climate agreement.
source: invesco.com
For sovereign funds, climate risk was the third risk to be given greater weight in 2020, after market and liquidity risks.
Excluding COVID-19, sovereign wealth fund representatives most frequently (62%) cited climate change as one of the macroeconomic themes affecting investment management decisions.
Note that in June, the president of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, announced a commitment to increase the share of investment in green projects to 40% by the end of the year.
By the end of 2022, she said, the EBRD's operations will be fully compliant with the Paris climate agreement.
source: invesco.com