Campaigners Urge UK Pension Funds To Review $112 Billion Fossil Fuel Investments ...Middle East

The UK’s pension funds should review their $112 billion (£88 billion) worth of investment in equities and bonds of fossil fuel firms, as the funds are not anywhere near on track for aligning their portfolios to the Paris Agreement goals, a new study by UK climate finance campaign Make My Money Matter showed on Wednesday.     The pension funds’ holdings in oil and gas are almost ten times higher in value than the holdings in listed FTSE 350 clean energy stocks, according to the research cited by Bloomberg.  …

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