There is clear evidence of the urgent need to accelerate the transition towards a resource-efficient, low-carbon and inclusive economy. Sustainable development can only be achieved with the active involvement of investment institutions that consider the key environmental and social challenges our planet is facing.
EcologyFunds.com gathers information on leading institutional investors and asset managers committed to considering environmental, ecological, clean energy and clean water issues as part of their business principles, strategies and operations. With the historic adoption of the Paris Agreement and the 17 Sustainable Development Goals (SDGs), EcologyFunds.com investment members are committed to help finance and achieve a sustainable and green economy and society.
Climate change is referred to by leading economists as the greatest market failure in human history, with potentially disruptive implications on the social well-being, economic development, and financial stability of current and future generations. Conservative estimates see unabated climate change leading to global costs equivalent to losing between 5% and 20% of global gross domestic product (GDP) each year, now and forever. As a result, public and private decision-makers around the world are faced with the dual imperative of:
- Significantly and rapidly reducing greenhouse gas (GHG) emissions worldwide by decarbonizing the global economy. This is required to prevent the mean global temperature from reaching dangerous levels.
- Adapting global consumption and production patterns, lifestyles and supply-chains to the physical, meteorological and hydrological impacts of climate change that are now unavoidable.
The finance sector is presented with the vast financial opportunities associated with overhauling economies towards climate-compatibility.
For Financial Institutions to not only weather changing risk landscapes but for them to also become determined enablers and catalysts of the climate economic transition, several conditions need to be met. Financial Institutions need to understand the commercial risks and opportunities implied and know how to act on them. Legislators and regulators need to understand the roles, potentials, and policy-needs, of financial institutions; they also need to know how they can help steer the finance sector to become an enabler, rather than inhibitor, of the climate economic transition.
At the interface between Financial Institutions and World Climate Change lie the unique and vast opportunities, as well as the clear and present dangers and the inescapable obligations, of our time.
Christopher J. Berlet, BSc (Mining), CFA
President & CIO
Christopher is a CFA® charter holder and is a member of the Toronto chapter of the CFA society. He holds a Diploma of Accounting and Finance from the London School of Economics and Political Science in London, England (U.K.) and a Bachelor of Applied Science in Mining Engineering from Queen’s University in Kingston, Ontario (Canada).
Chris is a proprietor of market information URLs & services including: EcologyFunds.com, MineralPrices.com, MineralFunds.com and INTACnews.com. He is a resource project manager and environmental investor.
Ms. Samnani has 10 years of experience in various industries, and has extensive skills in financial accounting, corporate management and in senior-level administration.
Kay is also an editor of market information URLs & services including: EcologyFunds.com, MineralPrices.com and MineralFunds.com