Lombard Odier Investment Managers (LOIM) has launched a global carbon strategy managed by Callum Lee.
The Global Carbon Opportunity strategy aims to access global carbon markets, including new and emerging ones, “promote” net zero and nature transitions and actively manage tail risk.
Lorenzo Bernasconi, head of climate and environmental solutions at LOIM, said:“Carbon markets are a mission critical policy tool for meeting government and corporate climate commitments and are trading at a deep discount to where they need to be.”
Carbon markets were a hot topic at COP27 this month, with the International Organization of Securities Commissions launching its consultation into compliance carbon markets and US climate envoy John Kerry unveiling a voluntary carbon trading market scheme.
These announcements were largely welcomed by investors although concerns about quality remain.