Investors Call for Policy Unleashing $275 Trillion for Net Zero (2)

An influential group of institutional investors has called on governments to remove policy barriers to help unleash an estimated $275 trillion in new clean-energy investments over the next three decades.

The Net-Zero Asset Owner Alliance, whose members oversee $11 trillion of assets and include Allianz SE, Axa SA and the California Public Employees’ Retirement System, said governments need to tee up clearer and stronger policies to move the global economy from fossil fuel dependency to a low-carbon future. In a report published Thursday, the NZAOA said that while its members have committed to support the transition and reach net zero financed emissions, government support will ...