Ecological debt may add to global financial burden

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Henderson head of SRI George Latham believes we are building up ecological debt just as we accumulated financial debt in the past.

The global economy is in danger of adding an ‘ecological debt’ to its financial burden, according to George Latham, head of sustainable and responsible investment (SRI) funds at Henderson Global Investors. Latham said SRI-type products are an underinvested part of the marketplace, despite the growth potential they offer, as well as a lower risk profile today than in recent years. He warned: “Just as we were building up financial debt when we were running down the savings ratio in the US, we are building up ecological debt today. “We do not know what the catalyst is going to be for t...

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