The Investor Agenda brings together the UNEP Finance Initiative with six of its key strategic partners from around the globe to implement and promote actions that meet the goals of the 2015 Paris Agreement and address the climate challenge. Asia Investor Group on Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change and the Principles for Responsible Investment launched this global platform with UNEP FI at the 2018 Investor Summit on Climate Risk on 31 January 2018 in New York.
Large institutional investors with highly diversified portfolios and long-term investment horizons are particularly concerned with the unprecedented challenge that climate change poses to the global economy. The Investor Agenda will help these investors to coordinate on policy and deliver strong, focused messages on climate change. The Agenda proposes four lines of action:
- corporate engagement;
- investor disclosure;
- policy advocacy.
High up on the Agenda are actions to report existing low carbon investments and commitments, phase out investments in coal, signing up collectively to initiatives such as ClimateAction100+ and improved disclosure of climate risks and opportunities through the TCFD framework.
UNEP FI will be play a central role, encouraging investors to take action via the Portfolio Decarbonisation Coalition and helping investors to improve climate-related financial disclosure through the TCFD pilot projects.
UPDATE: With the leaders of the G7 countries gathering in Canada, members of the Investor Agenda have called on governments to accelerate their implementation of the 2015 Paris Agreement. For more details see the news item here.
To find out more visit the Investor Agenda website.