WORLD INVESTORS HAVE $14TRIL FOR CLIMATE CHANGE

Green policy failures are choking off billions in private investment; Fund managers are concerned that governments are not doing enough to mitigate effects of global warming

Tom Bawden, August 6, 2013 (UK Independent)

“…With global warming set to wreak accelerating devastation on the global economy, the world’s biggest fund managers – who between them control $14trillion of investments in everything from wind turbines and agriculture to property and manufacturing – say they are considerably more worried about the issue than they were a year ago. They point to extreme weather events such as last year’s Superstorm Sandy in the US as evidence that climate change is already upon us and are concerned that governments, including Britain’s, are not doing nearly enough to mitigate the effects.” click here for more

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