Largest ever group of global investors call for more action to meet Paris targets

The group of 414 institutional investors with $31 trillion under management say governments must take serious steps to cut emissions

The largest ever group of institutional investors has called on governments around the world to urgently increase their efforts to meet the Paris climate change agreement goals.

The 414 global investors - which represent US$31 trillion of assets-under-management - say they are deeply concerned about the "ambition gap" that exists between governments' commitments and what is needed to limit the global temperature increase to well below 2C above pre-industrial levels.