Deutsche Bank's Asset Management division publishes major climate change research

Deutsche Asset Management (DeAM) today published a research paper arguing that the accelerating pace of global warming will force governments to invest more heavily in climate change mitigation and adaptation despite the financial setbacks of the current market crash. "Investing in Climate Change 2009 - Necessity and Opportunity in Turbulent Times," authored by DeAM's Global Climate Change Investment Research team, provides a detailed analytical framework for understanding the opportunities for investing in climate change. But it also says that an economic downturn offers governments across the developed world a prime opportunity to boost their spending on 'green' infrastructure as a stimulus to avoid severe recession.