The PRI will host sessions on December 12, 2024, to discuss the Collaborative Sovereign Engagement on Climate Change initiative, which supports investor collaboration in influencing governmental climate action. Signatories will gain insights into the initiative’s expansion plans and have opportunities to provide feedback.
The Principles for Responsible Investment (PRI) invites its signatories to participate in feedback sessions regarding the Collaborative Sovereign Engagement on Climate Change initiative, which aims to bolster collaborative efforts among investors to influence government actions on climate mitigation. Set for December 12, 2024, at two distinct times—06:00-07:00 GMT and 15:00-16:00 GMT—these sessions will provide insights into the initiative’s trajectory following its pilot phase in Australia that began in 2022. The PRI seeks to broaden engagement across additional markets in 2025, focusing on aligning with the objectives of the Paris Agreement while addressing financial risks associated with climate change.
The Collaborative Sovereign Engagement on Climate Change is a pioneering initiative launched by the PRI in 2022, aimed at fostering collaboration among investors to support governmental efforts against climate change. This engagement started in Australia and involved 27 signatories from various regions. With the successful outcomes from its pilot program, the PRI is gearing up for an expansion in 2025, reflecting a growing recognition of the need for coordinated action in addressing climate challenges.
In summary, the upcoming sessions offer an essential platform for signatories to understand and influence the PRI’s strategies regarding the Collaborative Sovereign Engagement on Climate Change. By actively participating, signatories can provide valuable feedback and gain insights into the future direction of this important initiative, which promises to enhance the role of investors in promoting sustainable practices worldwide.
Original Source: www.unpri.org