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PDC hits $600bn, eyes a trillion
07 December 2015The Portfolio Decarbonisation Coalition is set to have attracted more than $600 billion of assets by the end of the Paris climate summit, and is now eyeing a new target of a trillion.
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ABP introduces internal emissions cap
04 December 2015Dutch public sector pension fund ABP has stepped up its sustainability drive by announcing a series of 2020 commitments including what is believed to be the first carbon budget for an asset owner.
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Banking climate principles to be launched next week
03 December 2015A new set of climate changes principles for the banking industry are set to be launched on Monday, Environmental Finance has learned.
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Over 500 organisations commit to divest ahead of COP21
02 December 2015More than 500 institutions, with $3.4 trillion of assets under management, have committed to some sort of divestment, according to figures compiled by 350.org and Divest Invest.
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Environmental pioneer Maurice Strong dies
01 December 2015Maurice Strong, whose pioneering work at the UN in the 1970s paved the way for this week's landmark climate change summit in Paris, has died at the age of 86.
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400 investors demand stronger leadership on climate change to help them invest
30 November 2015More than 400 investors, including some of the largest asset managers in the world, have said they can help address climate change, and are calling for stronger policies on the issue.
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$500m pledged for developing countries as COP21 begins
30 November 2015Some $500 million has been pledged by European and North American governments to support climate change mitigation and adaptation efforts in developing countries.
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Fossil fuels to suffer $34trn revenue cut if warming to be kept to 2°C
30 November 2015The fossil fuel industry will suffer a $34 trillion drop in revenues over the next 25 years if policies are brought in following the Paris climate summit to limit global warming to 2°C above pre-industrial levels, a report has warned.
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Climate finance will be 'key to Paris success'
27 November 2015Climate finance will be a key sticking point that could potentially determine whether the Paris climate summit will be a success.
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Politicians, business leaders propose 10-point action plan on global warming
24 November 2015A group of senior politicians and business leaders has called for action in ten key areas which, it believes, offer opportunities for "economically beneficial" action on climate change.