The deadly virus is a stress test, of sorts, for the challenges of climate change, says Market Watch. The crisis points to the potential of a new normal that’s better for our climate future as investors reweight their portfolios in light of current events.
The first tranche of US$18 million in funding has been deployed to food banks and community organisations across America and Europe working directly with vulnerable populations. In Asia since January, BlackRock has provided support to Give2Asia, where its funding earlier this year supported the Wuhan Jinyintan Hospital.
BlackRock has released its Engagement Priorities for 2020 outlining its roadmap for investment stewardship this year. The Priorities also further BlackRock’s commitment in January to make sustainability its new standard for investing.
It appears increasingly likely that the global coronavirus outbreak will cut greenhouse-gas emissions this year, as deepening public health concerns ground planes and squeeze international trade. But, warns Technology Review, the situation could complicate the challenges of climate change at a point when it was crucial to make rapid strides.
The bushfires that devastated huge swaths of Australia over the past six months have left the engagement policies at the center of the superannuation industry's efforts to address climate change risks under growing scrutiny, says Pensions & Investments.
World Economic Forum Releases Framework to Help Business Identify ESG Factors for Long-Term Resilience
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Foundations have to provide the millions. Governments have to provide the billions. The private sector has to provide the trillions.