Investors need ‘long-term signals’ policy will limit damages of climate change
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Investor Group on Climate Change Policy Director Erwin Jackson says investors need long-term signals that policy will limit the damages climate change itself will cause. Mr Jackson says investors also need policy to unlock the investment thats required to make the transition in an orderly and just way". For major industrial sectors like the safeguard ... they need to get on a pathway to limiting warming to 1.5 degrees because from an investors point of view, theyre trying to manage climate risk and opportunity across the entire economy, Mr Jackson told Sky News Australia. Mr Jackson said it is difficult to justify investing in a company if there is no clarity regarding how they manage climate risk and opportunity. Read More Our Apps