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Asset managers are increasingly developing a range of responsible investment products for institutional and retail investors and offering investment solutions contributing favourably to the fight against climate change by, for example:
· Widening the supply of thematic green funds
· Developing the supply of low carbon portfolios
· Innovating with new investment solutions favouring energy transition (green bond, impact bonds, climate bonds…)
· Scaling up blended finance through public-private partnership funds for climate change mitigation and adaptation
Asset managers are also adopting transparency standards (for example, certification and labelling) which can create a better awareness of the market in relation to climate change criteria in the investment processes and have started to develop proprietary carbon accounting methods for alternative investments.
EFAMA hopes a new global agreement, with new commitments on greenhouse gas emissions post 2020, can be successfully negotiated in Paris. The asset management industry remains committed to helping investors achieve their green investment goals. By allocating the necessary capital flows towards a lower carbon intensive world, our industry continues to play its part in the global effort to solve one of the most pressing issues of our generation.