Deutsche Bank 2010 Investing in Climate Change Report

Deutsche Bank 2010 Investing in Climate Change Report released at the Investor Summit on Climate Risk at the U.N that I talked about in my previous post. I am copying first section of the summary which itself is very detailed. I am ploughing through this as I write. I think this report with all its detailed investment analysis and the nature of the audience means that people think there are serious money at stake here. The document is very readable. Highly recommended.

Climate Change Investment Thesis and Opportunity

1. Demographics, socio-economic change and long-term energy demand drive increased global consumption of scarce resources
2. These drivers result in rapidly increasing emissions and corresponding changes to the earth's climate
3. DBCCA has established "Four Pillars of Climate Change" investment to provide an analytical framework for understanding the investor response to climate change
4. The scale of mitigating/stabilizing our climate will require unprecedented economic growth, which will result in low-carbon prosperity and job creation
5. Climate change must be understood in the context of an integrated framework of both halting and adapting to its effects
6. The climate change investment universe is broad, covering many technology sectors and themes
7. These sectors and themes are applicable to a variety of asset classes
8. Investors will pursue many different strategies across these asset classes, each with different risk attributes and environmental impact
9. A strategic risk premium for climate change, such as carbon beta, can be applied to traditional portfolios to analyze risk an optimize return