Tag Archive for 'G20'

Report criticises governments for global fossil fuel subsidies of over $500 billion per year

November 12th, 2013 by Overseas Development Institute

Just two years ahead of a crucial UN climate change summit, many of the world’s richest countries continue to pour finance into fossil fuel subsidies, with average spending running at US$112 per adult according to a report from the Overseas Development Institute. The report ‘Time to change the game’ notes that fossil fuel subsidies cost […]

World’s largest investors ask governments for ambitious climate and clean energy policy

November 24th, 2012 by European Institutional Investors Group on Climate Change

Ahead of the UN climate change conference in Doha, it is clear that global greenhouse gas emissions are continuing to rise, increasing the risk of dangerous and disruptive climate change. This letter is addressed to the governments of the world’s largest economies, in their roles as domestic policymakers, as important stakeholders in ongoing international negotiations […]

World’s largest investors urge government policy action to tackle human induced climate change

October 22nd, 2011 by Ceres

Despite the global economic crisis, and increased market volatility, the world’s largest investors have urged governments and international policy makers to take new and meaningful steps to tackle the cause of human induced climate change. In a joint statement, the group of 285 investors representing more than $20 trillion in assets, stressed the urgent need […]