DB Climate Change Advisors new report "Investing in Climate Change 2009, Necessity and Opportunity in Turbulent Times" offers a clear look at investing amid the current economic climate. Investment factors such as energy price volatility, technological innovation and the effect of regulation are covered in detail. The asset management unit of Deutsche Bank also just launched a U.S. division to focus on climate change investment. DB Climate Change Advisors aims to "strengthen the global development of the bank’s asset management business by capitalizing on alternative and institutional investment" in the sector.
Dr. Josef Ackermann, chairman of the Deutsche Bank management board and Stefan Krause, CFO, will speak about company developments and global change in a live broadcast of the analyst meeting (listen-only) set for Feb. 5.
Ackermann is part of the international business leader group that presented the "Green Investing Report (PDF)" at the World Economic Forum (WEF) in Davos.
International business leaders, along with governments and climate specialists, created a comprehensive set of recommendations on a post-2012 framework for global climate policy.
The steering board consisting of the following WEF industry partner companies guided development of this statement: Alcoa (USA), AIG (USA), Applied Materials (USA), Basic Element (Russian Federation), British Airways (UK), Deutsche Bank (Germany), Duke Energy (USA), Electricité de France (EdF) (France), Eskom (South Africa), Petrobras (Brazil), RusHydro (Russian Federation), Royal Dutch Shell (Netherlands), Telstra (Australia), Tokyo Electric Power (Japan), TNT (Netherlands), Vattenfall (Sweden).
Image: Dr. Josef Ackermann at World Economic Forum, Davos.
