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How did the fossil fuel industry manage to raise a generation of climatechange deniers? A research group has just identified a big component of that attitude shift: the fossil fuel industry’s decades-long campaign to bury the truth by cozying up to universities and discrediting climate science.
The Danish pension fund for academics has joined the European asset owners opting for divestment, as fossil fuel companies remain at odds with the Paris Agreement. P+, which has more than 110,000 members, recorded a 78.2% P+, which has more than 110,000 members, recorded a 78.2%
These young people have grown up under the shadow of climatechange, and they rightly view it as a threat to their future. The University of Michigan Endowment Fund: Divesting from Fossil Fuels (Published 9.9.2020) In September 2019, there were climatechange strikes at the University of Michigan.
Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. In addition to divesting from oil, CDPQ plans to deepen its practice in the biodiversity space and expand the scope of its commitments in nature-positive themes.
In just ten years, Jacobson has harnessed passion, determination and science to re-frame the way renewable energy is seen and, ultimately, accepted as a viable solution to climatechange and air pollution. ClimateChange Conference in Paris. The fossil fuel divestment movement led by Bill McKibben’s 350.org
She stressed that the phasing out of fossil fuels and the scaling up of climate solutions are two objectives that are “closely intertwined”, not only from an economic standpoint but also in terms of policy signals. he said, adding that such concepts are yet to be embedded into investors’ decision making.
C of warming, the Inevitable Policy Response calculates that current government policies, ie those in place pre-COP28, will only limit climatechange to 1.8°C Remco Fischer, Head of ClimateChange at the UN Environment Programme Finance Initiative, sees less risk for investors taking bets on a 1.5°C
The magnitude of private sector firepower committed to addressing climatechange now lies broadly in line with requirements to reach a low-carbon economy. It explains why activists and the public demand that the finance sector does more to address climatechange. Engagement ring.
Car manufacturer Toyota is facing a climate-focused shareholder resolution of its own, with Danish pension fund AkademikerPension demanding more transparency on the company’s climate lobbying practices. However, as institutional investors, academics, NGOs, investor networks and data providers congregated in London last week for ESG Investor ’s inaugural (..)
In so doing, at a time when governments are hamstrung by a variety of limitations in addressing problems like climatechange and growing inequality, sustainable corporations can step up to play a greater role. No one is saying, “Let’s just fight climatechange as investors so governments don’t have to.”
“Constructive dialogue” sought by UK asset owners with managers, including meetings and their involvement in an academic review. All firms saw shareholder resolutions on climate disclosures fail to gain sufficient shareholder backing or the passing of weak climate transition plans.
Technology-focused climate crisis research and development (R&D) programs are in a time of rapid expansion and reformulation across government , academic research , the private sector, and partnerships that span all three. Today, we’re experiencing a similar but not-quite-the-same version of climate crisis avoidance.
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