Damian Payiatakis, head of sustainable and impact investing at Barclays Private Bank, explained in a statement, “Climate change is the next systemic challenge we have to face globally. It is encouraging that leading global wealth holders are seeking to play a role in this fight. From our conversations, I hear them express both a responsibility and an opportunity to use their capital at this pivotal point.
“We are having to help individuals and family offices articulate the impact they want to make, and then find high-quality investments that will actually contribute to the solutions to counter climate change as well as target the returns they want,” he added.