Private sector investments are shifting to address the challenges posed by climate change, and this trend could accelerate if governments and policy-makers take further actions to increase the demand for low-carbon, climate resilient investment, according to a report released today by the United Nations Secretary-General’s Climate Change Support Team. |
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The new report, “Trends in Private Sector Climate Finance,” found that the private sector had made significant strides in response to the challenge posed by climate change since the 2014 Climate Summit in New York, where a range of finance sector including leaders from banks, pension funds, insurers and asset managers announced a series of high-profile commitments and targets to increase climate finance. |
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