Witan Investment Trust urges Governments to scale up their climate ambition rapidlyTuesday, 14 September 2021
Witan is among a record number of signatories to a joint global investor statement calling on governments to urgently ramp up their efforts to address the climate crisis.
The Investor Agenda’s 2021 Global Investor Statement to Governments on the Climate Crisis contains the collective views of 587 investors from around the world, managing a total of more than US$46 trillion in assets - which is around 40 per cent of global assets under management. All 587 signatories have agreed to a set of policy recommendations that must be implemented swiftly to manage climate risk and channel trillions of dollars to address the climate crisis.
The 2021 Global Investor Statement urges governments to raise their climate ambition to limit global warming to no more than 1.5 degrees, implement meaningful emissions reduction policies, mandate climate-related financial reporting in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), and deliver COVID-19 economic recovery plans that support a just transition to net-zero emissions by 2050 or sooner.
Joining the 2021 Global Investor Statement continues Witan’s efforts to manage climate risk and pursue the enormous investment opportunities in the global net-zero emissions transition.
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