A surge of legislation intended to safeguard biodiversity could catch the asset management sector off guard, according to a study by Jefferies International Ltd. Investors, take note, warned Jefferies’ Luke Sussams in a note to clients.
The alert was issued about a month after a historic agreement was reached at the COP15 biodiversity summit in Montreal, when delegates agreed to protect 30% of the world’s natural resources by 2030. According to the accord, the financial sector will need to significantly broaden its focus because it presently invests substantially fewer resources in biodiversity conservation than in climate change mitigation.
Biodiversity today receives little attention, not even from
Continue with Facebook Continue with Google