Investors managing $11tr of assets urge banks to curtail fossil fuel financing

Cecilia Keating
clock • 4 min read

Institutional Investors Group on Climate Change calls on banks to back their net zero pledges with moves to halt support for fossil fuels and activities that drive deforestation

A coalition of major investors managing a combined $11tr of assets worldwide is calling on the banks to boost their 2050 climate goals by curtailing financing of activities that contribute to deforestation,...

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