Sun

15

Jan

2012

Investors set sights on climate change at UN conference

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.

 

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