Investment Uncut: Paul Rissman: Will the green transition increase inequality?
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What if the green transition – meant to save the planet – ends up making inequality worse?
We often think of climate action as a universal good, but the reality is more complex. The shift to a low-carbon economy is set to create winners and losers, not just between industries, but within societies. So, who bears the cost? And how can institutional investors, ensure that tackling climate change doesn’t come at the expense of social cohesion?
In this episode, we speak with Paul Rissman of Rights CoLab on his recent paper exploring how climate finance decisions can widen economic divides – and what can be done to mitigate this risk. For our Views from the Boardroom section, Letty speaks to Alan Pickering (President of BESTrustees) to find out what he’s looking forward to tackling in 2025 and his views on investing in emerging markets.
What’s one thing you would like listeners to take away from this?
- You can’t tackle climate without also tackling inequality, but if you tackle inequality, climate often follows along.
Any recommendations for good books or podcasts?
Each LCP Investment Uncut podcast is for information and marketing purposes only and does not constitute any form of investment or financial advice or a financial promotion (under the Financial Services and Markets Act 2000). All views expressed by the podcast hosts and guests are purely their own opinions and do not represent those of LCP, its clients or affiliates. LCP does not provide any warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. Past performance is not indicative of future returns. Our podcast listeners should always seek independent financial or legal advice before making any financial or investment decisions. Please refer to the Legal Notices section on the LCP website for further information.
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