Just 0.5% of $27trn global funds assets are Paris-aligned

Analysis of over 16,500 investment funds worth $27trn has revealed that just just 158 individual funds, worth 0.5% of the total assets, are currently aligned with the Paris agreement's temperature target of ‘well-below 2°C', according to data from non-profit CDP. Only 102 funds were temperature rated at 1.5°C, the more ambitious goal of the Paris agreement. Climate scientists have warned this must be the upper limit of global warming if the most catastrophic impacts of climate change are to be mitigated. The vast majority of global funds assessed are currently invested in assets with ...