6.9 Ethical and environmental concerns Flashcards Preview

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Flashcards in 6.9 Ethical and environmental concerns Deck (3)
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1
Q

2013 Pensions Minister Steve Webb said what about pension funds?

A
  • They should be ‘climate resilient’, so as not to be exposed to long-term risks
  • He was reacting to a report by responsible investor group Share Action that had shown that UK pension funds are investing too much in firms that are still using carbon-intensive fuels
2
Q

Green finance definition

A

Investment into sustainable projects and policies that aid the growth of a green economy

3
Q

Measures government have committed to in order to accelerate the growth of green finance:

A
  • Establishing a Green Finance Taskforce
  • Delivering proposals to accelerate green investment
  • Delivering green standards to promote responsible investment in sustainable projects

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