Sustainable Fiduciary Duties for Investors -- How fiduciary duties can be a key to escape the climate prisoner’s dilemma

This paper shows how applying fiduciary duty to investors can bridge the gap to common-sense climate action by helping overcome the collective action problem that often slows climate-aligned investment. By recognizing climate and nature risks as financially material, investors can shift from passive market participants to active actors in the clean economy transition, reducing systemic risks and aligning portfolios with long-term climate goals