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IIGCC calls for urgent changes to encourage institutional investment

Raquel Pichardo-Allison

19 May 2009 •

Carbon markets need urgent changes in order to encourage institutional investment and the development of a low-carbon economy, the Institutional Investor Group on Climate Change says.

The group is calling for strong price signals and caps on carbon emissions that will encourage scarcity and demand. IIGCC chairman and BBC head of pensions investment Peter Dunscombe said: "The c...

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