253. The investments lowering your carbon footprint

Climate finance is an area that continues to see growth and, for the first time, in 2022 the world spent more on this area than on the investment in the fossil fuel ecosystem according to today’s guest. Deirdre Cooper, co-manager of the Ninety One Global Environment fund, joins us this week to talk about the growing opportunities in climate finance and how legislation from various countries impacts global efforts. Deirdre explains the unique investment process of the fund and how they go about reporting on the carbon avoided and the supply chain of their companies. Deirdre also goes into detail on the different struggles — and accomplishments — of European, Chinese and US economies when tackling climate change. What’s covered in this episode: How to find products and services that avoid carbonThe growing investment into climate financeTo achieve net zero, climate finance needs to top $6 trillionHow the fund works with the Carbon Disclosure Project to report on carbon avoidedThe carbon footprint of a utilities company versus a software companyWhy European companies will struggle to reduce their carbon footprint this yearGrowing acceleration in China’s EV marketsThe impact of the Inflation Reduction Act on decarbonisation globallyEnergy efficiency in Europe without Russian gasWhat higher inflation means for the 2050 net zero targetWhat the cost-of-living crisis means for an individual’s carbon footprintWhy the US has surpassed Europe in climate policyWhy the Inflation Reduction Act will be a key debate point in the next US presidential election More about the fund: The Ninety One Global Environment fund is a genuinely unique fund investing in companies that are contributing to the decarbonisation of the world economy. ESG factors are put first and foremost in the construction of this highly concentrated portfolio, with just 20-40 holdings. The fund will have limited crossover with peers and its benchmark given its unique strategy, and it is set to benefit from the massive tailwind of the some $2.4 trillion of annual spend required to meet global temperature goals.Learn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.Learn more on fundcalibre.comPlease remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.