* Make climate change a standard part of accounting, disclosure and listing rules;He described this a fairly modest reform package. And, sure, there are several schemes which appear to attempt to speak to parts of this agenda. The Carbon Disclosure Project, for example, now "mobilises $57 trillion in asset data for 3,000 companies" (note the phrasing). Just this week Citigroup, JP Morgan Chase and Morgan Stanley announced their Carbon Principles. (Nick has of course done pioneering work himself, including The Carbon 100).
* Modernise fiduciary duty to reflect the reality of climate change;
* Design financial products whose risk profiles make climate change imperatives clear; and
* Match corporate disclosure with reporting on investment funds.
But among the key points, at least as it seemed to me, were: 1) how great the distance still appears to be before a set of provisions such as these is made comprehensive and mandatory; and 2) how little progress is being made on investment in energy efficiency, CCS and deforestation (the three areas where largest emissions reductions are thought be achievable in the next two decades or so), and how difficult progress in these areas appears to be. Am I unduly pessimistic?