Article 3AFZ1 Calls for greater fossil fuel divestment at anniversary of Paris climate deal

Calls for greater fossil fuel divestment at anniversary of Paris climate deal

by
Fiona Harvey in Paris
from Environment | The Guardian on (#3AFZ1)

Campaigners call for an end to fossil fuel finance and subsidies to avoid dangerous global warming at a meeting to mark two years since the signing of the landmark agreement

The Paris agreement on climate change, ratified by world governments a year ago, has failed to ensure major investors are moving away from fossil fuels with the urgency required to safeguard the planet, civil society groups have said.

Large companies, investors and national and local governments met in Paris on Tuesday to celebrate the second anniversary of the signing of the landmark 2015 agreement, which bound nearly all developed and developing countries for the first time to keep global temperatures below 2C, the threshold scientists regard as the limit of safety.

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