The 2024 Global Investor Statement to Governments on the Climate Crisis represents the most comprehensive investor policy call on the climate crisis. 

The Founding Partners of the Investor Agenda have announced that the 2024 Global Investor Statement to Governments on the Climate Crisis has closed with 650 investors representing more than $33 trillion USD in assets under management (AUM) supporting the call for action. 

Coordinated by the Founding Partners of the Investor Agenda – Asia Investor Group on Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change, Principles for Responsible Investment, and UNEP Finance Initiative – the global investor statement calls on governments to increase the ambition of their updated Nationally Determined Contributions (NDCs) due to be submitted next year. It is a critical time for investors to bring together their voices and advocate for clear and tangible global climate policies ahead of the biggest climate event of the year – COP29. The Founding Partners have coordinated global investor calls to action urging governments to step up climate policy action since 2009. 

The statement will be presented to governments at COP29 via the official side event Accelerating Global Investor Climate Action to Achieve the Paris Agreement’s Goals on 15th November in the COP29 Blue Zone – room Side Event 8 at 18:30-20:00 (AZT), in Baku, Azerbaijan. Attendees need a blue zone pass to join in person or UNFCCC virtual platform accreditation to join online.  

Effective policies are essential at all levels of government to accelerate the private capital flows needed for a climate-resilient, nature-positive, and just net zero transition. Therefore, the Global Investor Statement encourages a whole-of-government approach to implement policies in line with countries’ nationally determined contributions (NDCs) and a 1.5°C scenario, recognizing common but differentiated responsibilities and respective capabilities between emerging and developed economies, that will accelerate private sector action and large-scale investment. In order to achieve these goals, we call on governments to: 

1. enact economy-wide public policies;   
2. implement sectoral strategies, especially in high-emitting sectors;   
3. address nature, water and biodiversity-related challenges contributing to and stemming from the climate crisis;   
4. mandate climate-related disclosures across the financial system; and   
5. facilitate further private investment into climate mitigation, resilience and adaptation activities in emerging markets and developing economies.    

To help advance the climate transition, investors are also encouraged to develop and implement comprehensive Investor Climate Action Plans (ICAPs) and align their investments with the goal of net-zero emissions by 2050 or sooner, with credible interim targets, among other actions. Policy advocacy, such as the Global Investor Statement, is a critical pillar within the Investor Agenda’s Investor Climate Action Plans framework.

Source: Investor Agenda