A group of more than 500 major institutional investors is calling on governments to boost efforts to tackle climate change, ahead of a U.N. summit on the issue next week, wirereporter writes.
FIE - This Aug. 13, 2019, file photo, shows the boat Malizia as it is moored in Plymouth, England Tuesday, Aug. 13, 2019. A group of more than 500 major institutional investors is urging governments to do more to tackle climate change, ahead of a U.N. summit on the issue.
The banks, insurance companies and pension funds said in a joint statement ahead of next week’s U.N. climate summit in New York that current national commitments could lead to an “unacceptably high temperature increase that would cause substantial negative economic impacts.” But the investment firms, which together say they manage $35 trillion in assets, cited a gap between the modest steps pledged by governments — which in themselves fall short of what’s needed to meet the Paris goals — and actual measures taken so far.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The S&P 500 should be 13% lower because a recession is coming, warns Deutsche Bank'The U.S. economy is dangerously close to... tipping into recession,” says Deutsche Bank’s chief global strategist and head of asset allocation, in an interview with MarketWatch.
Consulte Mais informação »
S&P 500 ends slightly higher after Fed gives mixed signalsThe S&P 500 ended marginally higher on Wednesday after Federal Reserve policymak...
Consulte Mais informação »
In the Big Apple, a big contrast between two campaignsFirst Read is your briefing from 'Meet the Press' and the NBC Political Unit on the day's most important political stories and why they matter.
Consulte Mais informação »
The worst-performing stock in the S&P 500 this year has more room to fall, analysts sayKraft Heinz's dismal year-to-date performance will likely continue after a top shareholder revealed a massive sale of its stock, two technical analysts say.
Consulte Mais informação »
A bite from the Big Apple | OpinionWhat it's like for publishers on Apple News.
Consulte Mais informação »
As Amazon burns, 230 big investors call on firms to protect world's rainforestsWith widespread fires wreaking havoc on the Amazon, over 200 investors represent...
Consulte Mais informação »