2021 will see institutional capital begin to move, at scale, away from assets facing high levels of climate risk and, increasingly, towards companies and infrastructure that are well-positioned for a low-carbon global economy.
Moving personal investments to funds that meet environmental, social and governance criteria can make a difference, says Financial Times journalist Alice Ross in her new book.
By some measures, bank lending to fossil fuel projects and companies continues to rise. Will growing climate risk awareness and regulatory intervention turn the tide?
A decision to widen the definition of environmental risk to include nature as well as climate change would have largely positive implications.
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