NEW YORK (Reuters) - Major institutional investors will need to ratchet up their investment in clean energy to achieve the massive funding goals necessary to avert catastrophic climate change, according to a report released on Wednesday by investment group Ceres.
Ceres, a non-profit organization which advocates for the adoption of "sustainable business practices," made seven recommendations for the private sector and three for governments on how to bridge the gap between today's clean energy investment levels and the $1 trillion (611.2 billion pounds) per year target estimated in 2013 by the International Energy Agency.
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