A DB Climate Change Advisors (DBCCA) report released today, “Investing in Climate Change 2011, The Mega-Trend Continues: Exploring Risk and Return”, examines the risks associated with climate change investing across different asset classes and provides a framework to understand how asset managers can manage these risks. DBCCA is the climate change investment and research business of Deutsche Bank’s Asset Management business.
In the report, DBCCA argues that a major shift in investor attitudes is leading institutional investors around the world to undertake this analysis because of a growing realization of the potentially profound impact climate change may have on their existing portfolios.
“Institutional investors are giving greater consideration than ever before to climate change in their assessment of asset allocation,” said Kevin Parker, Global Head of Deutsche Bank’s Asset Management division (DeAM) and a member of Deutsche Bank’s Group Executive Committee. “I believe that we have reached a critical point in our industry at which all the talk about climate change begins to translate into action. Asset owners everywhere are starting to move and their first impulse is to identify where in their portfolios the climate risk lies. To do so effectively and efficiently, they need a new intellectual framework and set of tools. And they need them now.”
The report, DBCCA's fourth annual review of the climate change investment market, points out that 2010 was the largest year on record for investment in clean energy* and globally, the investment opportunity steadily continues to improve.
The paper also includes an updated global database of climate change policy initiatives with China, Europe and U.S. states leading the charge in 2010. DBCCA points out that the flow of government stimulus capital into low-carbon energy sectors peaked in 2010**, with China allocating the bulk of capital. China's investment in clean energy will be a game changer for clean technology industries globally, the report says.
The report identifies eight key trends which will influence investors’ capital allocations over the next year:
For a copy of the report please visit: http://www.dbcca.com/dbcca/EN/investment-research/investment_research_2361.jsp
DB Climate Change Advisors (DBCCA) is the climate change investment and research business of Deutsche Asset Management (DeAM). DeAM is one of the leading climate change investors in the world, with approximately $6.5 billion under management as of December 2010. With a world-class in-house research team focusing on this theme, DBCCA is an investment industry thought-leader on a broad range of clean tech dynamics.
* Total global investment in clean energy in 2010 including all asset classes = $243 billion. (Source: Bloomberg New Energy Finance, 2011).
** It is expected that approximately $240 billion of green stimulus capital will be spent in 2010. (Source: HSBC).
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