COP21 agreement marks transition to low carbon
Robert De Guigné, head of Socially Responsible Investing at Lombard Odier Investment Managers, comments on the Paris COP21 agreement.
We are pleased to see that global climate concerns have led to over 190 countries to sign the historic agreement in Paris at the COP21 climate summit.
The agreement signifies the full acknowledgement and commitment to transition towards a low carbon economy.
The big question to be addressed now is how these 190 countries will work together to create a low carbon economy.
We believe the private financial sector has a role to play in such a transition by encouraging best practices and ensuring energy intensive industries can compete in a global, low carbon market place.
For over two centuries Lombard Odier has always found a way to adapt to a changing world in order to fulfill its primary mission of transmitting wealth to the next generations.