Climate funds a mixed bag, but asset managers step up pro-climate proxy voting in 2021
Most climate-, ESG-themed funds not aligned with Paris Agreement goals: study
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INVESTING in a climate fund appeals to investors' desire to do well and do good. But do so-called climate funds actually assist in the drive to tamp down the rise in global temperature?
A study by InfluenceMap published recently finds that most climate-themed and ESG (environmental, social and governance) funds are misaligned with the goals of the Paris Agreement.
InfluenceMap is a think-tank that provides data and analyses on how business and finance affect the climate crisis.
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