Climate Group Warns Investors About Transition, Backed by TCI Billionaire

Reported 11 months ago

Climate Arc, a nonprofit supported by Chris Hohn of TCI Fund Management, highlights the need for climate investors to shift towards high-emitting sectors for an effective low-carbon energy transition. The organization, founded with seed capital from the Children’s Investment Fund Foundation, aims to guide investors in incentivizing the right behaviors beyond net-zero alignment. Climate Arc is set to launch the TransitionArc platform to accelerate transition finance and assess companies' progress towards net zero emissions.

Source: YAHOO

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