Specific challenges within the finance sector identified by Brunel include:
An emphasis on short-term rather than long-term performance, which drives short-term thinking by investors and companies
An unwillingness by asset managers to invest in the low carbon economy, especially in areas which depend on public support or where technologies are perceived to be unproven
Backward-looking investment risk models that are inherently flawed at taking future climate risk into account
Instances of perverse incentives and conflicts of interest throughout the system – not least, the use of conventional market-weighted benchmarks to measure performance, when climate risk is not adequately priced by the market