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Investors’ US$4.3trn in Fossil Fuels Stains Green Progress

NGOs urge financial institutions to “draw a red line” on fossil fuel expansion. 

Thousands of institutional investors globally remain heavily invested in fossil fuel companies, despite commitments to decarbonise their portfolios in line with the goals of the Paris Agreement.   Environmental and human rights non-profit Urgewald and 13 NGO partners have published the 2024 edition of ‘Investing in Climate Chaos’ – a platform…

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