Institutions Worth $2.6 Trillion Have Now Pulled Investments Out of Fossil Fuels. By Damian Carrington and Emma Howard, The Guardian, 9/23/2015. "Among the biggest divesters are the world’s biggest sovereign wealth fund, held by Norway, and two of the world’s biggest pension funds, in California. The campaign, now active in 43 countries, was backed on Tuesday by the UN’s climate chief, who will lead negotiations for a global climate deal at a crunch summit in Paris in December.
Christiana Figueres called for the shift of investment from fossil fuels to meet the $1tn-a-year need for clean investment and to create momentum ahead of Paris. “Investing at scale in clean, efficient power offers one of the clearest, no regret choices ever presented to human progress,” she said at the launch of the report in New York."