Nearly 400 investors around the world launched the Investor Agenda calling for global action

Nearly 400 investors launched The Investor Agenda last week at the Global Climate Action Summit in San Francisco, the world's first to showcase and support investors to accelerate and scale up actions
critical to achieving the goals of the Paris Agreement.

Investors participating in the agenda include Asia Investors for Climate Change, CDP, Ceres, Climate Change Investors Group, Climate Change Institutional Investors Group, etc
.
Specifically, the Agenda provides investors with a direct avenue to report on the actions they are taking and expand their commitment to action in four key areas: investment, corporate engagement, investor disclosure, and policy advocacy
.

Patricia Espinosa, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), welcomed the launch, "Investors have played a tremendous leadership role
in driving climate action on many fronts.
”

"Their efforts to bridge the gap in financial resources needed to meet the goals of the Paris Agreement and further strengthen their engagement with high-emitting sectors are a valuable contribution
," said Patricia Espinosa.
But we believe there are more opportunities
.
The investor agenda provides a clear pathway to scaling up investor action, which is critical
to meeting the need to address climate change around the world.
It offers investors multiple opportunities to continue to demonstrate their willingness to be part of the transformation that will enable us to deliver a cleaner, greener and more sustainable future
for all.
”

Currently, 392 investors with $32 trillion in assets under management are already committed to policy advocacy activities under the investor agenda and have made significant progress in four focus areas:

Investments: 120 investors seeking new and existing low-carbon and climate-resilient portfolios, funds, strategic or asset investments, such as renewable energy and energy efficiency projects, phasing out coal investments, and integrating climate change into portfolio analysis and decision-making
.

Policy advocacy: 345 institutional investors with $30 trillion in assets urged governments to implement the Paris Agreement and strengthen their climate policy goals
by 2020.
The full policy statement includes a call for bolder government action, including phasing out global thermal coal power, increasing investment in the low-carbon transition, and improving climate-related financial disclosure
.

Corporate involvement: CDP's environmental disclosure requirements are supported by 650 investors with $87 trillion in assets, and 296 investors from 29 countries have $31 trillion in assets that are signatories to the Climate Action 100+
.
The investor-led initiative involves the world's largest corporate emitters of greenhouse gas and requires them to curb emissions in order to meet the goals of
the Paris Agreement.

Investor Disclosure: More than 60 investors committed to reporting under the Climate-related Financial Disclosure (TCFD) recommendations, showing room for growth in expected submissions as more investors participate in the Investor Agenda
.

The Investor Agenda expects the total number of investors acting on the agenda to grow
in the coming months and years.