Stranded Assets Risks: Should Investors Heed Bob Litterman’s Warning? | The Huffington Post
August 9th, 2016
Bob Litterman knows a thing or two about risk. After all, the Black-Litterman model, which was designed to measure and manage financial risk, is named after him. These days, the risk he’s most concerned about is climate change. Climate risk is a non-diversifiable risk most investors have not fully grasped and policy makers have not priced. It is crucial, Litterman believes, that risk be priced.
Veris Wealth Partners Publishes Climate Solutions White Paper | Yahoo Finance
August 2nd, 2016
Veris Wealth Partners, one of the nation's leading independent wealth advisors for sustainable and impact investors, just announced the availability of a new white paper, Investing In Climate Solutions: Creating Sustainable Economies. The 14-page analysis focuses on initiatives such as renewable energy, green buildings, smart cities, carbon pricing, and ecosystem resiliency. It looks at the growth in both private and public investing strategies, including the more than 250 equity and fixed-income mutual funds, ETFs, and Separately Managed Accounts (SMA) targeted toward environmental sustainability. The report also highlights a variety of climate-related strategies in direct or long-term investments.
90+ Companies and Investors Call On Northeast and Mid-Atlantic Governors To Double Down On Their Efforts To Cut Carbon Emissions
90+ Companies and Investors Call On Northeast and Mid-Atlantic Governors To Double Down On Their Efforts To Cut Carbon Emissions | Ceres
August 02, 2016
More than 70 companies and 20 institutional investors are urging Northeast and Mid-Atlantic governors to strengthen their efforts to reduce carbon emissions from the regions’ electric power sector. The call comes as the governors of nine states meet to decide on the extension of the cap-and-trade initiative known as the Regional Greenhouse Gas Initiative, or RGGI. An extension decision could be made as early as this summer.