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 carbon
• The growing investment into climate finance
• To achieve net zero, climate finance needs to top $6 trillion
• How the fund works with the Carbon Disclosure Project to report on carbon avoided
• The carbon footprint of a utilities company versus a software company
• Why European companies will struggle to reduce their carbon footprint this year
• Growing acceleration in China’s EV markets
• The impact of the Inflation Reduction Act on decarbonisation globally
• Energy efficiency in Europe without Russian gas
• What higher inflation means for the 2050 net zero target
• What the cost-of-living crisis means for an individual’s carbon footprint
• Why the US has surpassed Europe in climate policy
• Why 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.com

Please 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.com

Please 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.