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Follow The Money: 2°C Finance
Views: 1719
Sep 14 2014 11:25 PM | eds in Economy & Politics
HESTA, has become the first established fund in Australia,
. . . to announce that it is restricting investments in coal,
. . . across its entire $29 billion portfolio.
Investment bank HSBC this week coined a new expression,
. . . 2°C finance – to describe those investments which are consistent with,
. . . reaching the climate goals that every government has signed up to,
. . . but are yet to act on.
Australia exemplifies this.
. . . Having attracted billions of dollars in low-carbon investments in recent years,
. . . that capital is now drying up.
09-14-2014 Source: Follow the Money: 2°C finance
. . . to announce that it is restricting investments in coal,
. . . across its entire $29 billion portfolio.
Investment bank HSBC this week coined a new expression,
. . . 2°C finance – to describe those investments which are consistent with,
. . . reaching the climate goals that every government has signed up to,
. . . but are yet to act on.
Australia exemplifies this.
. . . Having attracted billions of dollars in low-carbon investments in recent years,
. . . that capital is now drying up.
09-14-2014 Source: Follow the Money: 2°C finance
