The wealth management industry cannot solve climate change on its own

FT Adviser · Nov 19, 2021 · 24m

The wealth management industry cannot solve climate change on its own, and there were significant elements missing from the Cop26 agreement, said Eoin Murray, head of investment at Federated Hermes.Speaking on the latest edition of the FTAdviser podcast about the outcome from the Cop26 summit in Glasgow, Murray said the devil was in the detail of the agreement.“So much of it is promissory and that always makes me nervous,” he said. “We also need to bear in mind that we will never solve [climate issues] ourselves, as investors or as an industry, it always had to be part of a bigger package and…