Divestment
Europe’s banks in $1-tril risk from ‘carbon bubble’: report
Two new studies highlight the supposed risks of long-term investment in fossil fuels
UK Law Commission could force fund managers to recognise climate risk
Legal review could drive billion dollar pensions industry to factor environmental impacts into asset analysis
Church of England considers divesting from fossil fuels
Church agrees to take a more active stance on climate change, including reexamination of where they invest their funds
Norway’s giant wealth fund deals $405m blow to coal industry
World’s biggest wealth fund under pressure to get out of coal, but analysts say many others likely to take their place
World Bank chief backs fossil fuel divestment drive
Jim Yong Kim says levels of carbon dioxide threaten development gains over the past two decades
Value of coal assets ‘could be halved’ if world goes low-carbon
Coal becoming an increasing financial risk for big mining houses as divestment from the fossil fuel gains traction, says a new report from HSBC
Are the economics and ethics of fossil fuel divestment aligning?
Divestment movement needs to target fund managers’ fiduciary duty and explain why fossil fuel investments will end in financial disaster
2013: the year the divestment campaign took flight
If climate change had a catwalk, divestment would be this year’s Naomi Campbell. RTCC takes a look at 2013’s hottest emerging trend
Washington DC debates ditching Exxon and Chevron investments
Divestment campaign kicks off in US capital city as authorities debate moving retirement funds from fossil fuels
EU climate chief demands action to address “emissions gap”
Morning summary: EU climate chief calls for action on cutting emissions; China’s corn harvest set to decline after flooding and drought; and Norway’s Sovereign Wealth Fund could divest from coal
Al Gore issues four point investment plan for a carbon-free world
Al Gore and David Blood highlight need for transparency, disclosure of risks, low-carbon investment and divestment from fossil fuels
UK universities urged to cut fossil fuel funding
NGO report highlights deep ties between universities and fossil fuels, with Imperial receiving £17.3m from Shell and BP in 2013
Church urges ethical investment, but steers clear of divestment
Church investors group encourages companies to improve energy efficiency, but remains sketchy about divestment from fossil fuels
Quakers join campaign to pull funding for fossil fuels
Religious group with £21 million invested in stock market promises to review finances as divestment campaign against oil, gas and coal grows
MPs object to attempts to water down UK carbon budget
Morning summary: MPs fight for robust carbon budget; divestment campaign threatens coal; and Asian stinging ant set to spread as climate change worsens
Divestment stigma threatens fossil fuel’s future – report
Fossil fuel companies need to diversify if they are to continue trading profitably, a report from the University of Oxford warns