Private equity does not recognize the opportunity from global warming
Research by Guernsey Finance shows an encouraging bump-up in environmentally positive private equity investments
But that doesn’t mean PE managers have really scoped out the commercial opportunity from the global push to contain climate change and global warming.
Nor have they appreciated the massive size of the investments required.
The ‘Attenborough Effect’
A survey conducted by Guernsey Finance of managers and service providers at this year’s SuperReturn conference in Berlin shows that 75% of respondents had increased investments in green and sustainable finance.
One explanation for this is the ‘Attenborough Effect’ – the awareness created by wildlife and nature broadcaster David Attenborough about the damaging effect on the global environment from human activities.
Certified and verifiable green investing
Dominic Wheatley, Chief Executive of Guernsey Finance, said: “Our survey suggests that investors are building up activity in the green space, and that a clear, transparent certification process – such as the Guernsey Green Fund regulatory regime – is key to unlocking private equity for the climate finance cause.”
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