Governments are urged to adopt a long term global plan to keep greenhouse gases at safe levels. This is "vital" because the Kyoto Protocol runs out in 2012, the report points out, whereas "carbon dioxide, methane and the other greenhouse gases can persist in the atmosphere for many tens of decades."
The report was prepared by investment research and advisory firm Innovest Strategic Value Advisors of Toronto, Canada, under the direction of the UNEP FI Climate Change Working Group - Andlug Consulting, Citigroup, Corporacion Andina de Fomento, Dresdner Bank AG, Gerling Sustainable Development Project GmbH, Munich Reinsurance Company, Prudential, SAM Sustainable Asset Management, and Swiss Re.
The report was prepared by investment research and advisory firm Innovest Strategic Value Advisors of Toronto, Canada, under the direction of the UNEP FI Climate Change Working Group - Andlug Consulting, Citigroup, Corporacion Andina de Fomento, Dresdner Bank AG, Gerling Sustainable Development Project GmbH, Munich Reinsurance Company, Prudential, SAM Sustainable Asset Management, and Swiss Re.
"Climate Change and the Financial Services Industry" is available online from October 8 at: http://www.unepfi.net
Environment News Service: http://www.ens-news.com
Please also see? “Our Uninsurable Future”, by Christiane Martens in our Economics section
Dresden Flood Photo courtesy IFRC http://www.ifrc.org
Los Angeles Fire Photo courtesy NIFC http://www.nifc.gov/information.html
Environment News Service: http://www.ens-news.com
Please also see? “Our Uninsurable Future”, by Christiane Martens in our Economics section
Dresden Flood Photo courtesy IFRC http://www.ifrc.org
Los Angeles Fire Photo courtesy NIFC http://www.nifc.gov/information.html