Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
Institutional investors with more than $20trn (£12.7bn) in assets are urging global policy makers to create strategies that encourage private sector investment in climate change solutions.
GLOBAL - Opportunities are opening up for institutional investors looking to invest in green bonds as a new certification scheme is due to launch next month, and State Street brings a new green bond fund to market today.
Institutional investors have poured £26m into F&C Investment's new climate change focused private equity fund of funds in a bid to target the burgeoning climate change investment sector.
Top company directors receiving "gold plated" pensions; Markets dive mean pensions loose 4%; Your pension may be worth less than you think; BT pension fund goes green
The impact of tighter carbon emissions rules on corporate profits will catch out schemes whose investment strategy on climate change is to "wait and see", Carbon Footprint Investments warns.
Schemes must factor in climate change risk to their asset allocation strategies over the next two decades or face losing trillions of pounds, Mercer warns.
Pension funds and asset managers belonging to the Institutional Investors Group on Climate Change will be balloted this week to assess their ethical investment performance.
AUSTRALIA - The chief executives of nine superannuation funds and investment management firms have formed a new panel to address climate change.
The Institutional Investors Group on Climate Change has issued guidance to help pension funds understand the climate risks in property investment.