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More than $5bn committed to Divest Invest
03 July 2015More than $5 billion has been committed to a campaign to divest from fossil fuel companies and invest the freed up capital in the low-carbon economy.
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Rating agencies underestimate climate risks, warn lawyers
24 June 2015Credit rating agencies are creating significant risks for investors, and could be exposing themselves to legal liability, by failing to acknowledge the climate risks facing fossil fuel investments, a US law group has warned.
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Coal companies to be sold by Norway's oil fund revealed
10 June 2015A list of coal companies expected to be ditched by Norway's oil fund as a result of its new divestment policy has been published.
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UK's EAPF launches £280m low-carbon fund
09 June 2015The pension fund of the UK's Environment Agency (EAPF) has launched a new low-carbon fund benchmarked on the MSCI Low Carbon Target Index
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Carbon Tracker report warns utilities of coal death spiral
05 June 2015The Carbon Tracker Initiative (CTI) has fired another shot across the bows of the coal sector, in a report that warns the utilities reliant on the commodity are trapped in a "death spiral".
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Clean Power Plan could lead to stranded assets, inter-state trading
01 June 2015The proposed US Clean Power Plan could leave some coal-fired power plants 'stranded' and lead to inter-state trading of emission reductions in the western states, experts said.
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Norwegian government backs oil fund coal divestment
28 May 2015Norway's NOK7 trillion ($894 billion) oil fund is to divest more of its coal holdings after the country's politicians gave an earlier-than-expected backing to plans to reduce its exposure to the commodity.
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Axa divests coal as part of climate plan
22 May 2015Axa threw its weight behind the divestment movement today after it pledged to sell its coal assets by the end of the year.
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Natural disasters are major emerging risk, warns Swiss Re
21 May 2015Large natural disasters are among the top four 'high impact' emerging risks identified by Swiss Re, the global reinsurance company, in a recent report.
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Overlooking ESG breaches fiduciary duty, says Generation
20 May 2015The former vice-president of the US, Al Gore, has condemned investors that disregard the stranded assets debate as "absurd", and his company is calling for sustainability assessments to be part of investors' fiduciary duty.