Friday, February 15, 2008

$10 billion commitment to Cleantech

A coalition of more than forty leading US and European institutional investors, responsible for over $1.75 trillion (!1.2 trillion) in assets, has announced one of the most significant climate change action plans to date. The plans, unveiled at the Investor Summit on Climate Risk, hosted by the United Nations Foundation and Ceres in New York, include a huge commitment to clean technology, with the investors setting a goal of deploying $10bn to the sector collectively over the next two years. Other goals include a 20% reduction in energy used in property investment holdings over the coming three years.

1 comment:

Anonymous said...

Very excellent up to date news. Thanks
Paul Calhoun