Topic: Asia Investor Group on Climate Change
25 June 2020
In response to the release of climate change scenarios and an inquiry into the potential macroeconomic impacts of climate change by the world’s central banks working through the Network for Greening the Financial System, Rebecca Mikula-Wright, Director of the Asia Investor Group on Climate Change, said:
“These scenarios prepared by the world’s central banks, including many from Asia, clearly demonstrate climate change is a systemic economic threat that will significantly undercut our prosperity and job security.
25 June 2020
International investor networks, whose members and signatories have assets under management worth hundreds of trillions of won, have written to President Moon Jae-in of South Korea encouraging his government to formalise enhanced climate commitments in a revised Nationally Determined Contribution (NDC) under the Paris Agreement and capitalise on investment and jobs in net zero emissions technologies and infrastructure.
19 May 2020
In response to the release of climate change scenarios and an inquiry into the potential macroeconomic impacts of climate change by the world’s central banks working through the Network for Greening the Financial System, Rebecca Mikula-Wright, Director of the Asia Investor Group on Climate Change, said:
“These scenarios prepared by the world’s central banks, including many from Asia, clearly demonstrate climate change is a systemic economic threat that will significantly undercut our prosperity and job security.
4 May 2020
International investor groups, including the Asia Investor Group on Climate Change (AIGCC), have encouraged global governments to ensure they are planning for a sustainable recovery from the COVID-19 pandemic by factoring in climate change risk into economic recovery plans.
The global statement, which has been sent to G20 countries and others, reinforces that governments’ first priority amid the COVID-19 pandemic is to save lives and provide financial relief to support the most vulnerable.
30 March 2020
In response to Japan’s release of a revised Nationally Determined Contribution under the Paris Agreement, Director of the Asia Investor Group on Climate Change, Rebecca Mikula-Wright, said:
“It is discouraging to see that Japan’s revised pledge under the Paris Agreement contains no immediate commitment to greater emissions reductions. In February, global investor organisations wrote to Prime Minister Abe encouraging Japan to create a positive signal for new investment by setting a more ambitious short-term emissions reduction target by 2030 and setting a clear pathway towards zero emissions.
17 February 2020
International investor organisations, whose members have assets under management worth hundreds of trillions in yen, have written to Prime Minister Shinzo Abe of Japan to encourage his government to demonstrate global climate change leadership by strengthening its emissions reduction pledges under the Paris Agreement ahead of the crucial 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change slated for November in Glasgow.
2 December 2019
NEW REPORT: “Winds of Change: Low carbon investing in Asia”
Beijing, Monday December 2
nd, 2019.
By the Asia Investor Group on Climate Change
Asian investor survey: appetite for low carbon investment is strong and company engagement on climate risks is increasing.
As the 25
th annual UNFCCC Conference of the Parties (COP25) gets underway in Madrid,
investor appetite for climate investment opportunities in Asia is strong and engaging with companies on the transition to low carbon is accelerating as Asia feels the sting of increasing physical climate impacts – according to a new survey of institutional investors released today by the Asia Investor Group on Climate Change (AIGCC).
2 October 2019
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US$35 trillion Climate Action 100+ publishes first initiative progress report
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Breakthrough commitments have been achieved, yet step-change in broader corporate response to climate change is necessary given US$20 trillion systemic risk to global economy
In the first Climate Action 100+ progress report released today, it is clear that despite significant progress achieved, far more needs to be done by the world’s largest corporate greenhouse gas (GHG) emitters in tackling climate change.
19 September 2019
- Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
- New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year
September 19, 2019, NEW YORK: Ahead of next week’s United Nations Climate Action Summit, a record 515 institutional investors managing $35 trillion in assets urged governments worldwide to step up action to tackle climate change and achieve the Paris Agreement’s goals.
17 September 2019
Montréal, Singapore. September 18, 2019: The Asia Investor Group on Climate Change (AIGCC), a network of Asian asset owners and financial institutions, and the Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, today announced a new partnership to develop capacity-building training for investment teams in Asian markets.