“The world’s biggest investors are joining forces to unite against Donald Trump in the fight against climate change.
The world must accelerate green investment and set a clear timeline “for the full and equitable phase-out by all G20 members of all fossil fuel subsidies by 2020,” the 16 signatories wrote.
“Global investors and insurers are sending a clear message that burning public money through fossil fuel subsidies is not just bad for the planet, but bad economic policy too,” said Shelagh Whitley, head of the climate and energy research programme at the Overseas Development Institute, a think tank. ”
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