PDC to award research prize on aligning investment portfolios with a low carbon economy

Aligning Investment Portfolios with a Low Carbon Economy

A Portfolio Decarbonization Coalition Prize supported by Trucost and SWF RI

Research grant details:

  • A €12,500 grant
  • 2 years access to theTrucost academic platform,
  • To be awarded at the UNEP FI Global Roundtable in Dubai, October 25, 2016

Background

Investors and financial regulators are increasingly aware of the risks associated with a changing climate. In a recent speech to the insurance industry, the Governor of the Bank of England warned of huge losses faced by investors exposed to these risks. These risks are twofold. Firstly, there are those posed by climate change itself, through the destruction of infrastructure assets due to extreme weather, for example. Secondly, the risks and opportunities posed by the necessary transition to a low-carbon economy, if we are to avoid the worst effects of climate change. What are the implications for investors if such risks remain largely unexplored? Against this background, the PDC is supporting research projects with potential applications in the field of investment management with a grant of € 12.500 and full access to Trucost’s database.

Data

Trucost will make available a comprehensive set of carbon/climate change related data for the Global 200 Universe (top 200 companies worldwide in terms of market value). Examples of data include past and current Scope 1, 2 & 3 GHG emissions, costs of externalities, revenues etc.

Application Process

The application period is now closed. PDC received over 20 applications from around the globe and has selected a winner from a short-list of six proposals. The winner will be announced at the UNEP FI Global Roundtable in Dubai on October 25th.