The world’s biggest investors are joining forces to unite against Donald Trump in the fight against climate change.
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| Donald Trump - faces a fight with biggest investors over climate change. |
The US President has repeatedly denounced climate change as a hoax peddled by China and has pledged to relax environmental regulations, spur investment in fracking and sack half of the staff at the US Environmental Protection Agency.
But as G20 foreign ministers meet on Thursday to prepare for a climate change summit in Hamburg in July, managers of funds with assets totalling more than $2.8 trillion - more than the entire annual GDP of the UK - called for leading economies to phase out fossil fuel subsidies within the next three years to avert a catastrophe.
Read the Independent story - “Investors with $2.8 trillion in assets unite against Donald Trump’s climate change denial.”
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