CLEAN IS THE NEW GREEN BIG INVESTORS MAKE PLEDGES ON CLIMATE CHANGE BUT SAY TOUGHER STANDARDS HOLD THE KEY

摘要

The clamor for measures to combat global warming is finding increasing support among investors. At the United Nations Investor Summit on Climate Change in New York last month, a group of 49 pensions, foundations and money managers with $1.75 trillion in assets under their control pledged to invest $10 billion over the next two years in clean technology and set a goal to cut energy used in core real estate holdings by 20 percent over three years. At a summit three years earlier, $ 1 billion in such investments was pledged.