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IPR Appoints New Project Director

International climate authority Jakob Thomae has been appointed as the new Project Director of the Inevitable Policy Response (IPR), taking over from Founder Mark Fulton. Fulton, who has held the role since the launch of IPR, will now focus on developing the IPR narrative and Quarterly Briefings for investors. The Principles for Responsible Investment (PRI) commissioned the IPR in 2018 to help investors navigate the risks and opportunities arising from climate policy acceleration and volatility. The IPR programme for 2023 includes Quarterly Briefings on global climate policy, a new Policy Forecast, Climate Pulse and Expert Global Policy surveys, and an updated Forecast Policy Scenario (FPS) covering energy, land use, and nature analysis. Additionally, there will be a dedicated Bio-Energy Analysis and an outlook on Negative Emission Technologies (NETs) target setting. Commenting on the appointment of Thomae, Fulton said: “I have known Jakob for many years. He has been a strategic adviser to IPR since 2019. Jakob brings a wealth of knowledge and experience to the role.  Thomae is one of the leading global experts on sustainable finance, co-founding the 2° Investing Initiative (now known as Theia Finance Labs) entities in New York and Berlin. He serves as Research Director at Theia Finance Labs. He is also a Professor in Practice at SOAS, University of London and led the incubation of PACTA, the first methodology and tool to measure the alignment of financial portfolios with climate goals, and today the most widely used alignment methodology in the world.

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