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The money will be invested into energy, industry, mobility and buildings to reduce carbon emissions
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Renewable energy, clean mobility, transport, forestry, sustainable agriculture and biodiversity businesses are set to benefit
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With pension funds controlling close to $60tn of global assets, could they play a key role in turning the tide on nature investments?
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It has said the reason is due to “confusion about the views of individual investment firms”
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It has purchased farms across the UK from Anesco
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These companies manage assets worth $16tn
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Remaining $5tn under its management is not included in the target
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The three partners have pledged to invest €100m each
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It claims its paper will provide the clarity needed to the financial sector to hit net zero by 2050
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More than 10,000 companies have been asked to reveal the action they are taking to stop climate change
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This follows a 41% reduction in investments last year
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It has also announced £167m in humanitarian aid to Ukraine and banned Russian flights
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