Sustainable Investments: New Directions for the Finance Sector
Hosted by Allianz SE
Room: Geheime Ratstube
The Paris Agreement addresses directly the financial flows consistent with a pathway towards a low-emission, climate-resilient development. The finance sector is a key player in directing future investments. In anticipating developments in climate policies, financial risks linked to climate change and in taking responsibility a growing number of asset owners and investors decide to divest from fossil fuels and invest in low carbon technologies. Insurance companies, banks, pension funds, as well as governments on national, regional and local level have to take climate aspects into account when it comes to future investments. This session will provide best practice examples, discuss barriers and opportunities linked to divest-invest.