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    Investors with $34 trillion urge climate change action

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    Date
    June 27, 2019
    Author
    Reuters
    Metadata
    Show full item record
    Classification code
    BW20190627_S2/4
    Excerpt
    Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest economies meeting this week. In an open letter to the “governments of the world” seen by Reuters, groups representing 477 investors stressed “the urgency of decisive action” on climate change to achieve the Paris Agreement target. Almost 200 nations agreed in Paris in 2015 to limit the global average temperature rise to well below 2 degrees Celsius above pre-industrial times. Current policies put the world on track for at least a 3C rise by the end of the century.
    Citation
    Investors with $34 trillion urge climate change action. (2019, June 27). BusinessWorld, p. S2/4.
    URI
    http://hdl.handle.net/20.500.12174/13420
    Associated content
    Online version
    Corporate Names
    Overseas Development Institute
    Personal Names
    Guterres, Antonio van Lamoen, Carola
    Geographic Names
    Japan
    Subject
    climate change
    Collections
    • BusinessWorld [841]

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