Largest Group Ever of World Investors Warns a New Global Climate Deal Must be "Strong and Binding" to Unlock a Low Carbon Future

Boston, London and Melbourne, Nov 11, 2008 - (ACN Newswire) - More than 130 leading investors, representing assets worth $6.4 trillion, today warned world leaders that any global agreement on climate change must be strong and binding to guarantee necessary financing for global emissions reduction and adaptationefforts, and that the financial crisis should not delay efforts to address rising global temperatures. In a joint Statement sent to Heads of State and climate negotiators, investors called for a strong, binding framework to succeed the Kyoto Protocol, warning that clear and long-term policy signals are essential if investors are to allocate the huge amounts of private capital required to fund the transition to a low-carbon economy.