More Than Half of Asian Investor Group Mull Net Zero by 2050

Survey results from the Asia Investor Group on Climate Change suggest that growing appetite is being blocked by lack of investable opportunities.

As many as 70% of Asia’s institutional investors are considering whether to set 2050 net zero emissions targets even though actual commitments are currently lacking, a new report has shown.

The report was published by the Asia Investor Group on Climate Change (AIGCC), an investor initiative seeking to encourage climate-aware investments.

From November to December 2020, the group surveyed Asian institutional investors and asset managers representing over US$1.9 trillion in assets under management (AUM).

AIGCC Executive Director Rebecca Mikula-Wright commented that the survey sends a “clear signal” to Asian policymakers on the investment appetite in the region.

“If [Asian policymakers] create investable opportunities, there is significant private capital interested in supporting and accelerating the transition to net zero emissions,” she said.

But while Asian investors are positioning themselves for the transition … [continues]

Read the full article on Regulation Asia’s sister publication, ESG Investor.

 

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