Just 0.5% of $27trn global funds assets are Paris-aligned

Majority of fund assets aligned with over 2.75°C of global warming

Pedro Gonçalves
clock • 2 min read

Under 1% of global fund assets are currently in line with the Paris agreement’s goal to limit global warming to ‘well-below 2°C’, new research shows.

Analysis of over 16,500 investment funds worth $27trn has revealed that just just 158 individual funds, worth 0.5% of the total assets, are currently aligned with the Paris agreement's temperature target of ‘well-below 2°C', according to data from non-profit CDP. Only 102 funds were temperature rated at 1.5°C, the more ambitious goal of the Paris agreement. Climate scientists have warned this must be the upper limit of global warming if the most catastrophic impacts of climate change are to be mitigated. The vast majority of global funds assessed are currently invested in assets with ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read