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Chen Wenhui: "Double Carbon" is a long, wide and thick investment track.
At the Third Bund Financial Summit held recently, john wall Waldron, President and Chief Operating Officer of Goldman Sachs Group, Chen Wenhui, Vice Chairman of National Social Security Fund Council, David Schwimmer, CEO of London Stock Exchange Group and many other business leaders and industry experts discussed the peak of carbon dioxide emissions and carbon neutrality.

At the forum, China's special envoy for climate change, Xie Zhenhua, said, "We need to further implement the financial support for climate change. According to the calculation of relevant UN agencies, it is estimated that the global demand is nearly1000 trillion US dollars to achieve the global temperature control target set by the Paris Agreement. Faced with such a large funding gap, developed countries should fulfill their annual investment commitments of 654.38+00 billion US dollars and give play to the guidance and leverage of public funds. "

At the Bund Summit, Chen Wenhui said: "Double Carbon is a long, wide and thick investment track."

Very long. China is a big carbon emitter, and the task of reducing carbon is the heaviest. Achieving the "3060 goal" means that it will be a very certain track at least until 2050 and 2060, and the capital layout in this area can become a dividend for sustainable low-carbon transformation.

Wide. "A large number of related industries, as well as a considerable number of embryonic industries that we can't see or derive, will continue to emerge, so this is a very wide track." Chen Wenhui said.

Thick. In this track, there is a relationship between "spear" and "shield", and new spears are constantly coming out to solve problems. When the problem is solved, a new shield will come out and a new spear will be needed to solve it.

"For example, a large number of new energy vehicles use liquid batteries. When the mileage of liquid battery reaches a certain level, its endurance will be weak. If you continue to use them, the risks will be even greater, so there are security problems. " Besides, he said, how to recycle the power battery has a problem of environmental pollution. At this time, new industries will appear.

At present, many organizations and enterprises around the world have launched actions against carbon investment.

David Schwimmer said that whether to formulate a reasonable carbon emission and climate-friendly strategy has actually affected the interests of listed companies. "Among the 65,438+080 global asset management companies recently surveyed, 65,438+050 companies will now evaluate investment opportunities according to a company's performance in sustainable development. More and more funds turn to climate adjustment index as the benchmark of passive portfolio. If the company lacks a reasonable climate strategy, then the company may not exist in these indexes, which will bring some substantial impact. "

At present, what factors hinder the world from moving towards the goal of net zero emission?

David Swing acquiesced that there are two obstacles, one is data, and the other is dialogue. In terms of data, in order to assess the climate risk or green opportunity of an asset, investors need complete, comparable, comprehensive data across industries and countries, which is currently lacking. "Of the 4,000 largest listed companies in the FTSE Global Index, only 43% have published emission data, and even fewer companies have disclosed or set emission reduction targets or internal carbon prices." David Schwimmer said.