Investing in the Era of Climate Change Quotes

“As President Bolsonaro of Brazil put it: “We understand the importance of the Amazon for the world—but the Amazon is ours.”
― Bruce Usher, Investing in the Era of Climate Change

“For most countries, economic development takes priority over climate change.”
― Bruce Usher, Investing in the Era of Climate Change

“The economic theory upon which carbon markets are based was first postulated by an obscure Canadian economist, John Dales, in 1968.”
― Bruce Usher, Investing in the Era of Climate Change

“In Texas, the top wind energy–generating state in the nation, wind supplies 23 percent of the grid’s power.”
― Bruce Usher, Investing in the Era of Climate Change

“DBL’s first fund generated an annual IRR to investors of 24.4 percent versus 7.7 percent for comparable vintage funds and was ranked second out of the top 25 funds managing under $250 million through 2015.”
― Bruce Usher, Investing in the Era of Climate Change

“Companies with a clear social mission attract better employees and more loyal customers. For venture-stage businesses, these advantages are especially important to their success, as hiring talented employees and attracting initial customers is critical to surviving the very risky early years of start-up businesses.”
― Bruce Usher, Investing in the Era of Climate Change

“This feedback loop is so effective that simply signing onto the Principles for Responsible Investment leads to an increase in funds flowing to asset managers of 4.3 percent per quarter.38 This may explain why nearly 4,000 firms representing $121 trillion in assets are signatories.”
― Bruce Usher, Investing in the Era of Climate Change

“Positive investment results from ESG investing create an important feedback loop, driving further growth, as better risk-adjusted returns motivate investor pressure on companies to collect better data and conform to ESG standards to enable the next round of outsized returns. This feedback loop is so effective that simply signing onto the Principles for Responsible Investment leads to an increase in funds flowing to asset managers of 4.3 percent per quarter”
― Bruce Usher, Investing in the Era of Climate Change

“The United Nations followed up on this initial meeting by launching the Principles for Responsible Investment (PRI), a set of six voluntary guidelines beginning with “We will incorporate ESG issues into investment analysis and decision-making processes.”
― Bruce Usher, Investing in the Era of Climate Change

“In the nineteenth century, Thomas Clarkson wrote of the abolition movement: “The greatest works must have a beginning. . . . However small the beginning and slow the progress may appear in any good work which we may undertake, we need not be discouraged as to the ultimate result of our labours.”
― Bruce Usher, Investing in the Era of Climate Change

“suffer losses along with homeowners. Real estate data provider Zillow calculates more than $200 billion worth of homes in the United States are likely to be chronically inundated by flooding by 2050.”
― Bruce Usher, Investing in the Era of Climate Change

“Mark Carney warned investors that “the catastrophic norms of the future can be seen in the tail risks of today.”10 To put that another way, while the physical risks from climate change will mostly occur decades in the future, asset prices are starting to reflect the increase in risk that comes from events with tail risks.”
― Bruce Usher, Investing in the Era of Climate Change

“other words, while the physical effects of climate change are decades in the future, the value of at-risk assets will decline well before then.”
― Bruce Usher, Investing in the Era of Climate Change