Please consider this thought: the impact of the natural world on investing is increasing, with climate change risks and net-zero emission pledges dominating global political and business circles. The World Economic Forum, has indicated that more than half the world’s US$44 trillion in economic output is reliant on nature. This years United Nations Climate Change Conference in Glasgow is expected to emphasise the role of biodiversity in addressing climate change. Biodiversity makes the natural environment more resilient, and makes it less likely that our activities will damage it.
The consideration to adopt a system that channels investments towards economic activities that encourage sustainable consumption and production, is not such a bad idea. After all it is our future! For the sake of our children, we need a financial system that is geared towards the protection of the environment. Conscientious investors have an environmental obligation to their investment portfolios.
During the trauma of being confined to a coronavirus death ship in 2020, an important investment factor often visited me. How could I and others reconsider our financial futures?
How was I going to be able to cope financially and change my ways of thinking to increase a net-zero emission solutions for future generations? It looked like a recession was appearing globally, and most people were looking at the nature of their investments, whether to hold or sell. To those who did not sell at the appropriate time before the virus crisis arose, holding on and not selling was fine, but if you sold at the peak of the Stock Market, you automatically won because that enabled another opportunity when the Global Share Markets returned. This amazing opportunity is rare. It did not take long in 2021 for the big buy factor to return!
Did we and are we now looking for those net-zero emission solutions within our investments?
Remember that shipbound retirees were not able to get to the internet to sell at the high and reinvent their financial strategies. While cruising, just at the time when you have a need, that need is often missed through poor technology. My book, “Church on a Death Ship,” does talk about poor technologies, but not about finance. However, I lived in dread, as many retirees did, of a coming recession which seems to have come and gone.
Australian companies are looking closely at the net-zero strategies for their companies, this is a positive!
How wonderful is our Australian Government? Pretty focused, and they have kept us free of Covid-19. How many other countries have done as well?
I encourage you in conversation to have your say.
Website: DrGretaArchbold.com for other articles regarding the book.
Comentarios