Published on Earth Day 2020, in this episode, the PRI's Director of Climate Change, Sagarika Chatterjee, and Jason Eis, Executive Director of Vivid Economics, discuss a pioneering piece of research from the PRI, Vivid Economics and Energy Transition Advisors: the Inevitable Policy Response to climate change.

They discuss what exactly the Inevitable Policy Response is; the potential impact on asset classes such as equities of not acting now on climate change; and what PRI signatories can do to integrate IPR thinking into their investments.

Interested in the resources discussed in this episode?

Read about the Inevitable Policy Response here

Please note this episode was recorded before the Covid-19 outbreak in Europe

In this episode of the PRI podcast, the PRI's CEO Fiona Reynolds is joined by Nigel Topping, the COP26 High-Level Climate Action Champion.

The UK will host COP26 in Glasgow in November against a backdrop of urgency; we need to reduce emissions by 50% within the next ten years to stand any chance of limiting global warming to 1.5 degrees. 2020 must be the year of action – and the 2020s the decade of action.

Fiona and Nigel discuss the critical role of non-state actors – in particular investors – in achieving this, and making COP26 a success.

Interested in the resources discussed in this podcast?

• Inevitable Policy Response: https://www.unpri.org/inevitable-policy-response/what-is-the-inevitable-policy-response/4787.article
• Climate Action 100+: http://www.climateaction100.org/
• UN-convened Net-Zero Asset Owner Alliance: https://www.unpri.org/climate-change/un-convened-net-zero-asset-owner-alliance/5370.article
• The Investor Agenda: https://theinvestoragenda.org/
• Climate change and the just transition: a guide for investor action: https://www.unpri.org/academic-research/climate-change-and-the-just-transition-a-guide-for-investor-action/3202.article

At the time of recording, Australia is experiencing unprecedented bush fires, with huge swathes of the country engulfed by flames.

As of 20 January, twenty-eight people have died, close to 2,000 homes have been destroyed and a billion animals have been killed. Once again, the physical and economic threats of climate change are being brought to the fore.

In this episode of the PRI podcast, the PRI's CEO Fiona Reynolds speaks to Australians working in the responsible investment space who have their own experiences of the fire:

• Julian Poulter, Energy Transition Advisers
• Brynn O'Brien, Australasian Centre for Corporate Responsibility
• Dan Gocher, Australasian Centre for Corporate Responsibility
• Andrew Whiley, Climate Bonds Initiative

They discuss how they were personally affected by the fires; and what the implications of climate crises are for investors.

Act on climate now:

Read The Inevitable Policy Response: bit.ly/2v88LkX

Join Climate Action 100+: bit.ly/2sFkPcn

Martin Skancke (Chair of the PRI Board and FSB Task Force member) joins the PRI's Sagarika Chatterjee to discuss the Task Force on Climate-related Financial Disclosures (TCFD) and what their recently released recommendations mean for investors.

Sean Wright (Environmental Defense Fund) and Matthias Beer (BMO GAM) join the PRI's Gemma James to discuss why methane emissions are a material issue for investors in the context of climate change. This coincides with the launch of a new investor guide to methane on how to manage the risks through company engagement.

Kathy Mulvey (Union of Concerned Scientists) joins the PRI's Paul Chandler to discuss why corporate lobbying on climate change matters to investors, as well as the findings from UCS' new report: The Climate Accountability Scorecard - Ranking Major Fossil Fuel Companies on Climate Deception, Disclosure, and Action

Willemijn Verdegaal (MN) and Karsten Löffler (Allianz SE) join the PRI's Paul Chandler to discuss the outcomes from COP21, which concluded in Paris last week.