Super funds and investors with $34tn urge leaders to speed up climate action
by Adam Morton from on (#4HYH4)
Fund managers call on world leaders to bring in carbon pricing and phase out coal power ahead of G20
Superannuation funds and investors representing US$34tn in assets - nearly half of the total under management across the globe - have called on world leaders to bring in carbon pricing and phase out coal power to limit global heating to 1.5C.
Released ahead of a G20 leaders meeting in Osaka, Japan, the statement by 477 institutional investors urges world leaders to accelerate their response to the climate crisis to ensure the goals of the 2015 Paris climate deal can be met.
Continue reading...