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But some called for a more fundamental reboot of investment in European innovation especially in cleantechnologies to pursue trajectories that are compatible with its climate transition targets. As highlighted at last years Stewardship Summit , investors tread a fine line when engaging with carbon-intensive holdings.
It also plans to bring in £424 million during the first five years of a 20-year partnership with Ameresco , an independent US cleantechnology integrator. That doesn’t happen overnight, because just divesting and allowing another investor to purchase the asset isn’t the answer.
This means that the entirely predictable and necessary Ratchet-driven call post-2025 for increased policy and significant uplift of global investment into clean energy and cleantechnology systems must be heeded with a tagline of ’we really mean it this time’.
Of the 36 asset managers and owners with formal coal divestment policies, half have implemented or improved their policies in the last two years, IEEFA said.
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