Skip to main content

Thank you for visiting You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

Investors take charge of climate policy

When it comes to investments, the smart bet may be on clean energy and low-carbon infrastructure. Sonja van Renssen looks at the causes and implications of divestment from fossil fuels.

This is a preview of subscription content

Access options

Buy article

Get time limited or full article access on ReadCube.


All prices are NET prices.

Figure 1: Green bond issuance has exploded in the past year.



  1. Unburnable carbon 2013: Wasted capital and stranded assets (Carbon Tracker & The Grantham Research Institute, 2013).

  2. Leggett, J. The Energy of Nations: Risk Blindness and the Road to Renaissance (Routledge, 2014).

    Google Scholar 

  3. Letter from Global Investor Networks to the Governments of the World's Largest Economies (2012);


  5. Global oil demand growth — the end is nigh. (Citi Research, 26 March 2013);

  6. Higher long-term prices required by a troubled industry. (Goldman Sachs, 12 April 2013);

  7. Shell hits out at Brussels energy policy. (Financial Times, 23 February 2014);

  8. Building a resilient power sector — Electric Utilities Project (WBCSD, in the press).

  9. University of Oxford, Smith School of Enterprise and Environment, Stranded Assets Programme;

  10. Energy technology perspectives 2012 — pathways to a clean energy system. (IEA, June 2012).

  11. Boulle, B. 2013 Overview: the dawn of an age of green bonds? (6 February 2014);



  14. Responding to the call for fossil-fuel free portfolios. (MSCI ESG Research, December 2013);


  16. Dupré, S. & Chenet, H. Connecting the dots between climate goals, portfolio allocation and financial regulation. (2° Investing Initiative, 2012);

Download references

Author information

Authors and Affiliations


Corresponding author

Correspondence to Sonja van Renssen.

Rights and permissions

Reprints and Permissions

About this article

Cite this article

van Renssen, S. Investors take charge of climate policy. Nature Clim Change 4, 241–242 (2014).

Download citation

  • Published:

  • Issue Date:

  • DOI:

Further reading


Quick links

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing