Perceived barriers and policy solutions in clean energy infrastructure investment

International political negotiations and national policy for climate change mitigation are increasingly focussed on the mobilisation and scale up of investments in clean energy infrastructure. This paper aims to develop the understanding of how institutional investors in the private sector perceive barriers to scaling up investment into clean energy infrastructure and what policy solutions to those barriers they advocate. This paper adds to existing scientific knowledge through a clear focus on private sector perceptions. Through the analysis of previous public statements from organisations and coalitions in the finance sector a number of investment barriers were identified. These initial barriers fed into a Delphi process. The outputs of the Delphi process were categorized into five sets of barriers and a number of policy solutions associated with investing into clean energy solutions. We conclude that there is a need for better engagement with the institutional investment community to ensure further effort on policy development that underpins investments at scale is effective and efficient

The global economy’s shifting centre of gravity

This article describes the dynamics of the global economy’s centre of gravity, the average location of economic activity across geographies on Earth. The calculations here take into account all the GDP produced on this planet. The article finds that in 1980 the global economy’s centre of gravity was mid-Atlantic. By 2008, from the continuing rise of China and the rest of East Asia, that centre of gravity had drifted to a location east of Helsinki and Bucharest. Extrapolating growth in almost 700 locations across Earth, this article projects the world’s economic centre of gravity to locate by 2050 literally between India and China. Observed from Earth’s surface, that economic centre of gravity will shift from its 1980 location 9,300 km or 1.5 times the radius of the planet

ESG in focus: the Australian evidence

Addressing ESG issues has become a point of interest for investors, shareholders, and governments as a risk management concern, while for firms it has become an emerging part of competitive strategy. In this study, a database from an independent ratings agency is used to examine, longitudinally, how Australian Securities Exchange (ASX) 300 firms are responding to ESG issues. Following institutional theory predictions, ASX300 firms are improving ESG performance over the 2002–2009 timeframe. Furthermore, over this timeframe, performance on the governance dimension improved at a greater rate than environmental or social performance, as predicted. Lastly, high impact industries are predicted to demonstrate overall improved ESG performance relative to medium or low impact industries over the timeframe, but this hypothesis was not confirmed. Results are discussed along with implications and future research directions