ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Carbon-heavy assets cannot just be left to owners who do not care

Incentives needed to make 'gray-to-green' rewarding for investment managers

| Rest of the World
A Woodside Energy Group gas plant in Burrup, Australia: The fossil fuels company absorbed BHP's oil and gas business in 2022.   © Reuters

Hiromichi Mizuno is special adviser to the Milken Institute, a think tank based in Santa Monica, California. He previously served as a special envoy to the U.N. secretary-general on innovative finance and as chief executive of Japan's Government Pension Investment Fund. Sarah Keohane Williamson is the chief executive of FCLTGlobal, a nonprofit group supporting the long-term reorientation of capital.

The effort to lower global carbon emissions and reverse the impacts of climate change is becoming the defining endeavor of our times. Decarbonization is changing the lives and livelihoods of millions of people worldwide.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more