Global Investor Coalition on Climate Change (GIC)

General

Name of initiative Global Investor Coalition on Climate Change (GIC)
LPAA initiative No
NAZCA Initiative No
Website address http://globalinvestorcoalition.org/
Related initiatives
Starting year 2014
End year
Secretariat No primary secretariat but four regional secretariats for each regional group.
Organisational structure The four regional groups collaborate in a consensus decision making approach. Each regional group will be represented by their senior executive.

By forming a coalition, the regional investor groups have a platform to conduct international activities on climate policy and investment practice. As the regional groups have similar objectives, work programmes and membership, a global platform enables more information sharing and common projects to better serve members.

Geographical coverage Global
Name of lead organisation
Type of lead organisation
Location/Nationality of lead organisation

Description

Description The Global Investor Coalition on Climate Change is a joint initiative of four regional climate change investor groups: IIGCC (Europe), INCR (North America), IGCC (Australia & New Zealand) and AIGCC (Asia).

The coalition has come together to provide a global platform for dialogue between and amongst investors and governments on international policy and investment practice related to climate change. The four investor groups that make up the Global Investor Coalition on Climate Change have agreed to partner on global carbon policy initiatives, agreements and projects to deliver better investor and climate outcomes. The GIC regional investor networks collaborate on joint international projects focused on climate policy, corporate engagement and investment practices, including investor statements on climate change. The GIC collaborates and coordinates investor engagement on climate change issues with key international organizations and institutions including the United Nations, the G20, OECD, the World Bank, IFC, regional development banks and a number of NGOs. The GIC has launched several joint projects and statements to date.

Objectives
Activities ■ Work with policy makers to support and inform their efforts to develop and implement policy

measures that encourage capital deployment at scale to finance the transition to a low carbon economy and encourage investment in climate change adaptation.

■ Identify and evaluate low carbon investment opportunities that meet GICs investment criteria and consider investment vehicles that invest in low carbon assets subject to our risk and return objectives. ■ Develop GICs capacity to assess the risks and opportunities presented by climate change and climate policy to our investment portfolios, and integrate, where appropriate, this information into our investment decisions.

■ Work with the companies in which GICs invests to ensure that they are minimising and disclosing the risks and maximising the opportunities presented by climate change and climate policy.

■ Continue to report on the actions GIC has taken and the progress we have made in addressing climate risk and investing in areas such as renewable energy, energy efficiency and climate change adaptation

Projects: Low Carbon Investment Registry Investor Platform on Climate Actions Visit the projects page for more information: http://globalinvestorcoalition.org/projects/

One or two success stories achieved

Monitoring and Impacts

Function of initiative Technical dialogue, Political dialogue
Activity of initiative Knowledge dissemination and exchange, Awareness raising and outreach, Knowledge production and innovation
Indicators
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 413  
Companies 409 Investors signed the Global Investor Statement on Climate Change (2014-2015)
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 4 GIC is a joint initiative of four regional groups that represent investors on climate change and the transition to a low carbon economy: IIGCC (Europe),  INCR (North America),  IGCC (Australia & New Zealand) and AIGCC (Asia)
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 0
Other members 0
Supporting partners 0
Number of members in the years
2018
413
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No Yes No No No No No No No No No No No No No No No No No
Last update: 10 September 2018 14:35:34

Not only have national states as participators