Summary: The world’s largest investors have released a statement calling on the U.S. and other governments to move quickly to adopt strong national climate policies that will spur low-carbon investments to reduce emissions causing climate change.

Saying “we cannot wait for a global treaty,” U.S., European and Australian investor groups representing $13 trillion in assets called on U.S. Congress and other global decision-makers “to take rapid action” on carbon emission limits, energy efficiency, renewable energy, financing mechanisms and other policies that will accelerate clean energy investment and job creation.

The investor statement was announced at the Investor Summit on Climate Risk, a meeting of 450 global investors at the United Nations that included UN Secretary General Ban Ki-Moon, United States Special Envoy for Climate Change Todd Stern, billionaire investor George Soros and former Vice President Al Gore.

Source: January 14, 2010 UNEP Press Release

More Information:

• A pdf of the statement is at http://www.unep.org/pdf/PressReleases/14Jan_Investor_Statement_Final.pdf
• The full press release is at http://www.unep.org/Documents.Multilingual/Default.asp?DocumentID=608&ArticleID=6446&l=en&t=long

Prepared by: This message was distributed by Kellen Mahoney, who may be reached at e-mail: kmahoney@eetnews.com