Tag: Make My Money Matter

• Thursday, June 29th 2023 - 02:25 UTC

  UK pension funds in the limelight because of massive investments in fossil fuel firms

  

  Controversy in the UK over pension funds and London's commitment to keep to the Paris Agreement goals. In effect this Wednesday, the climate finance campaign Make My Money Matter revealed that UK’s pension funds should review their US$ $112 billion (£88 billion) worth of investment in equities and bonds of fossil fuel firms, as the funds are not anywhere near on track for aligning their portfolios to the Paris Agreement goals.