This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“Investors really need to see a basket of interventions and solutions being implemented to properly unlock finance [into climate solutions]. But a UK-wide transition plan is perhaps the most crucial because it sets the scene and gives [investors and companies] long-term certainty to deliver netzero,” Gardner added.
“We hold government debt, shares and bonds, and invest in many companies [in emerging markets] that have committed to netzero – so what’s holding pension funds back?” Fundamentally, it’s often misconceptions and a lack of knowledge about what it means to support the climate transition in emerging economies.
UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positiveinvestments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. “We
McMahon says the overarching objective is to develop a “climatepositive” portfolio of assets that will deliver on netzero targets, while having measurable impacts on biodiversity and soil health. He says: “Corporate commitments and ambitions on climate change are almost outstripping many governments.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content