Institutional investors urge greater climate ambition - World Nuclear News

Institutional investors urge greater climate ambition - World Nuclear News: The largest-ever group of investors has called on governments to phase out thermal coal power worldwide, put a price on carbon, end subsidies for fossil fuels, and strengthen nationally-determined contributions. The 631 institutional investors managing more than USD37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued yesterday at the United Nations COP25 climate summit.