The Inevitable Policy Response to climate change
Climate change is the highest priority ESG issue facing investors. The PRI is working to help investors protect portfolios from risks and to highlight opportunities in the shift to a low-carbon global economy.
Markets today have not adequately priced in the likely near term policy response to climate change.
This leaves portfolios exposed to significant risk and investors need to act now to protect and enhance value. That’s why PRI have launched this project, to provide investors with a realistic forecasting tool to help navigate this complex and evolving landscape.
Sign up for an investor briefing:
“This is a flagship project for the PRI, I urge all signatories to assess the implications of the Inevitable Policy Response for their portfolios and act now to protect and enhance value”- Fiona Reynolds, CEO, PRI
Reports
What is the Inevitable Policy Response?
Financial markets today have not adequately priced-in the likely near-term policy response to climate change. The Inevitable Policy Response (IPR) is a pioneering project which aims to prepare investors for the associated portfolio risks.
The Inevitable Policy Response 2021: Forecast Policy Scenario and 1.5C Required Policy Scenario
New 2021 Forecast Policy Scenario from IPR shows rapid policy acceleration by 2025 would bring ‘below 2C’ Paris Agreement within reach
The Inevitable Policy Response 2021: Policy Forecasts
The IPR 2021 policy forecast is a thoroughly revised and updated set of policy forecasts, reflecting even further detailed research on current and proposed policies, with input from a global survey of policy experts. This forms the basis for a new Forecast Policy Scenario later in the year.
Pathways to net zero: scenario architecture for strategic resilience testing and planning
Climate change poses a systemic risk to institutional investors. All portfolios are exposed to it, yet the impacts will be uneven across asset classes, sectors and geographies.
The inevitable water finance response: investor risks and opportunities
Investors are not managing existing water risk, let alone taking advantage of upside opportunities through better water-related investment. Forward-looking investors will develop investment channels for sustainable and productive water management and fundamentally re-align how they understand water risks.
Why a just transition is crucial for effective climate action
The concept of a just transition has emerged as a key pillar of climate strategy; it is crucial to understanding ‘where’ the impact of policies will be felt and ‘what’ policies will be used.
Blog
The policy challenge for the inevitable response to the climate transition
By Mark Fulton, Project Director - Inevitable Policy Response (IPR) & Founder - Energy Transition Advisers
Inevitable Policy Response: Biden Climate Leaders Summit confirms momentum
By Mark Fulton, Founder, Energy Transition Advisors and Eric Ling, Engagement Manager, Vivid Economics
Shifting horizons: from net-zero ambitions to near-term climate action
Fiona Reynolds, CEO, Principles for Responsible Investment
Climate policy - the coming acceleration
By Mark Fulton, founding partner at Energy Transition Advisors, The Inevitable Policy Response Project Lead and Advisor to the PRI
The Inevitable Policy Response under Biden’s climate plan – the stage is set
By Jason Eis, Executive Director, Vivid Economics, Mark Fulton, Founder, Energy Transition Advisers (ETA), Eric Ling, Engagement Manager, Vivid Economics
Webinars
The Inevitable Policy Response 2021: Forecast Policies
During this webinar the PRI give an update on The Inevitable Policy Response, a pioneering project commissioned by the PRI.
US Climate Policy in 2021: What Investors Need to Know
The likelihood of a sweeping U.S. climate policy being implemented has increased considerably in recent months. A wide range of proposals has been floated, and the Biden campaign itself laid out a comprehensive plan to tackle carbon emissions and climate resilience through a variety of statutory, regulatory and fiscal approaches.
The Inevitable Policy Response: preparing investors for an abrupt transition
A forceful policy response to climate change within the near term is not priced into today’s markets. Yet it is inevitable that governments will be forced to act more decisively than they have so far, leaving investor portfolios exposed to significant risk.
To better understand how the Inevitable Policy Response could be of use to your and your investment team, please get in touch.
Get in touch
- The PRI is an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact.
- PRI Association, 25 Camperdown Street, London, E1 8DZ, UK
- Company no: 7207947
- +44 (0)20 3714 3141
- info@unpri.org