Review of the Sustainability and Climate Change Initiatives Within the Line of Investment Portfolios

Review of the Sustainability and Climate Change Initiatives Within the Line of Investment Portfolios

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La intensidad y frecuencia de los desastres climáticos vienen aumentado drásti­camente durante la última década, con una tendencia que parece va a continuar en ascenso. Los costos asociados a estos eventos también se incrementan cada vez más. Además, se asume que este tipo de desastres climáticos están estre­chamente relacionados con el cambio climático al que nos enfrentamos como humanidad. En este escenario, el sector financiero juega un papel clave en la forma en que gestiona las acciones contra el cambio climático; por lo tanto, cuanto más fuertes sean sus impactos, más rápido deben implementarse estas acciones. Sin embargo, existe un rezago entre la prioridad de la necesidad de acciones y las acciones que realmente se están implementando. Se han pre­sentado algunos estándares de riesgo, pero aún existe una notable dificultad en comprender y modelar la incertidumbre de los impactos futuros del cambio climático. En este contexto, se necesitan otros tipos de esfuerzos, desde una perspectiva multidisciplinaria, que busquen complementar las acciones contra el cambio climático en el ámbito del sector financiero y las inversiones. En este trabajo se presenta un resumen de las principales iniciativas existentes, pero se destaca cómo, aunque responden a esfuerzos importantes y significativos a nivel corporativo, estas son de naturaleza aspiracional y voluntaria y, por lo tanto, insuficientes para abordar la necesidad mencionada. En este sentido, el artículo busca avanzar hacia la justificación de la construcción de carteras de inversión con principios de sostenibilidad ambiental.

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