New analysis shows climate change related finance and investment fell in 2012

A new report from the Climate Policy Initiative shows that global spending to combat climate change fell last year and remains far below the level needed to prevent its most dangerous effects. The Global Landscape of Climate Finance 2013 finds that global climate finance flows have plateaued at $359 billion, $5 billion less than in 2011, far below even the most conservative estimates of investment … [Read more...]

Divestment strategy gains momentum as climate change risks increase

Led by pressure from activists, an increasing number of investors are expected to divest fossil fuel holdings this year, amid growing awareness the risks of climate change, according to a recent analysis. MSCI Environmental, Social and Governance (ESG) Research, a leading analysis firm has stated that the “number one” ESG trend to watch in 2013 is how emissions and weather-related risks can impact … [Read more...]