ASN Bank Issue Paper on Climate
According to the IPCC, human-induced greenhouse gas emissions are causing a rapid rise in global warming. Mitigation (preventing greenhouse gas emissions) and adaptation (adapting to warming) may help limit the negative consequences. By investing in activities with minimum greenhouse gas emissions and activities that increase our capacity for adaptation ASN Bank is hoping to contribute to this process of mitigation and adaptation. Mitigation may include energy saving, sustainable energy sources, 2nd generation bio fuels, energy efficiency, various services, etc. Adaptation may involve a range of water-related activities, micro-credit, poverty alleviation, etc. ASN Bank avoids the fossil energy sectors and is not prepared to invest in nuclear energy because of its many negative effects. Similarly, when selecting government bonds, ASN Bank considers their contribution to the processes of mitigation and adaptation.
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| Type | Paper |
|---|---|
| Date | February 2010 |
| Responsible organisation |
ASN-bank
|