While the dangers of climate change preoccupy most people, the opportunities in firms addressing and alleviating the impacts of climate change don’t attract enough attention. Investment professionals Lucas White and Jeremy Grantham expound on why long-term investors should consider harvesting gains from the businesses engaged in climate change mitigation and adaptation. Though it never gives investment advice, getAbstract nonetheless recommends this timely report to investors intrigued by the future prospects of the “climate change sector.”
In this summary, you will learn
- What type of companies constitute the “climate change sector,”
- How these firms could offer superior market returns, and
- What risks and opportunities await investors allocating capital to this sector.
About the Authors
Lucas White is the lead portfolio manager for climate change strategy at GMO LLC. Jeremy Grantham is a co-founder of GMO LLC and the firm’s chief investment strategist.