Fossil fuel divestment pledges top $5tr, as investors 'fast losing faith' in high carbon assets

James Murray
clock • 5 min read

Trend hailed as 'unstoppable', as report reveals doubling in the scope of global divestment push over past 15 months

The anniversary of the Paris Agreement was marked today with the release of a new report, revealing companies and individuals with nearly $5.2tr of assets under management have now pledged to divest from...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'Climate adaptation is a no-brainer': European Investment Bank launches €30bn adaptation investment drive

'Climate adaptation is a no-brainer': European Investment Bank launches €30bn adaptation investment drive

European Investment Bank (EIB) unveils plans to double investment in climate resilient infrastructure, agriculture, and technologies

clock 23 October 2026 • 2 min read
Cornish Metals launches £135m funding round to reopen UK tin mine

Cornish Metals launches £135m funding round to reopen UK tin mine

Funds will be used to reopen 400-year-old tin mine in support of national critical minerals strategy

clock 21 October 2026 • 2 min read
FCA sustainability labels improve trust in fund claims but usage remains low

FCA sustainability labels improve trust in fund claims but usage remains low

Michael Nelsen, Investment Week
clock 20 October 2026 • 3 min read