During 2010 and to date in 2011 the leaders in climate policy continued to maintain their position, while others have lagged behind or moved backwards. Countries such as Germany, China and increasingly the UK continue to develop strong domestic policies that contribute to global climate change mitigation, Whilst others, such as the US, Russia, Spain and Canada (Ontario) either fail to initiate, or in some cases, even reverse or threaten to reverse, crucial climate policy initiatives. Thus, some policy regimes have succeeded while others have failed, and the key for investors is to identify the winning policy structures which reduce uncertainty. Within this context, we continue to develop our 'best-in-class' climate policy framework, with emphasis on policies directed at clean energy technologies and efficiency.
PDF, 2,3 MB