Investors and academics confront “the next frontier” for green economy post-Covid
‘Building back better’ should be the focus of institutional investors in the wake of coronavirus, says asset manager Candriam, which has teamed up with Grantham Research Institute on Climate Change and the Environment (GRI) at the London School of Economics and Political Science.
Bringing together the worlds of business and academia, the partnership aims to make sure that the global economy rebuilds itself in a way that is sustainable and inclusive, with recovery plans that accelerate green investments into areas such as renewable energy.
The “Sustainability, Investment, Inclusion and Impact” (SI3) Initiative will run for three years partnership will produce research focusing on the role that institutional investors can play.
The ‘big fish’ institutional investors have so far had little access to markets such as renewable energy, because the public markets are filled with small companies that do not provide enough liquidity to satisfy the requirements of the large asset managers. This leaves an investment gap that needs to be filled, says Candriam.