Investors will be urged today to throw their financial weight behind activities that can build a more resilient and sustainable economy by 2040.
The Vision for a Sustainable Economy report to be published later today by the Forum for the Future and insurance giant Aviva will highlight the role large investors such as pension funds and banks can play in steering companies and governments away from an economy that increasingly pushes the environment beyond its limits.
The report said that action needs to be taken because capital markets are still failing to take sustainable outcomes into account, leaving investor returns as well as the environment at risk, despite green energy investments rising by a third to $211bn last year. ‘Investors as a whole will find it hard to maintain healthy financial returns if faced with accelerating climate change and ecosystem collapse,’ the report warned. Forum for the Future explained that ‘business as usual’ is not an option, and that investors, companies and governments must consider long-term sustainability alongside the usual goal of maximising financial returns.
(Source: www.environmental-expert.com )