Friday, January 13, 2012

[RED DEMOCRATICA] Private investors set sights on climate change at conference

 

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January 13, 2012 | News covering the UN and the worldSign up  |  E-Mail this  |  Donate

Investors set sights on climate change at UN conference

More than 400 representatives of large institutional investors met Thursday at the United Nations to reconsider climate change from a business perspective on the heels of 5% growth in green energy investment, to $260 billion, in 2011. "The carbon-burning economy is tomorrow's Rust Belt. Your job, it seems to me, is to invest in the Microsofts and Googles of the green economy," Roland Rich, head of the UN Democracy Fund, told investors, who control a collective $26 trillion worldwide. The conference was convened by the UN, the United Nations Foundation and the Ceres coalition. Reuters (1/12), The Sacramento Bee (Calif.)/McClatchy Newspapers (free registration) (1/12), The Guardian (London) (1/12) LinkedInFacebookTwitterEmail this Story



A major milestone in the fight to

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