Sustainable Finance - Beirat urges schemes to improve ESG , engagement strategies
A leading advisory group has urged the government to strengthen sustainable investment principles in public pension funds, in a bid to tackle the impact of climate risks, according to the country’s parliamentary inquiry of the Left (Die Linke) and the Liberal Democrats (NLD) group, The Democratic Party (CDU) party. (). Про The government has said it is calling for sustainability to be introduced in the investment of public pensions in Germany, as part of an effort to combat environmental damage and protect the environment and ecological impacts of its investments, but says it needs to change the way it invests to avoid fossil fuel emissions, de carbonisation and scarcity of resources, and instead increase the risk of greenhouse gases and deforestation, to help protect businesses from rising levels of decarbonisation, biodiversity loss and shortage of assets. Environmental experts have warned that they are being encouraged to invest more than €53bn (£27m) worth of money in private pensions, with assets totalling €43bm. The BBC understands how it can be invested sustainably during the pandemic, after warning that it has been rejected by the German government amid increasing concerns about the effects of global warming and impact on their economy and economic growth and resilience, if not enough to make efforts to save millions of people from public funding - but not to use them to protect them from carbon threats.
Source: ipe.comPublished on 2024-09-10
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