Investors are evenly split over UN’s climate report

HAS the recent United Nations climate change report made you more likely to invest in ‘green’ funds?

Investors are evenly split on the question of whether the stark warnings on climate change outlined in the landmark UN report will sway their investment preferences towards green products.

Research by investment platform Interactive Investor indicates that just under 39 per cent of respondents said they were more likely to invest in ‘green’ investments as a result of the report. About the same percentage said they were no more likely to go green. ‘I think confusion over the products available can prevent people from “greening” their investments,’ says Interactive Investor’s Myron Jobson.

‘More effective cataloguing of green products, as well as greater availability of data to allow people to scrutinise green credentials, is required to bolster the uptake of green investments.’

Customers of Interactive Investor in the Gen X generational cohort have 2.29 per cent of their assets in ethical funds – slightly more than millennials (2.19 per cent) and baby boomers (2.06 per cent).