Investors urge G20 to end fossil fuel subsidies by 2020

Michael Holder
clock • 4 min read

Investors worth $742bn in assets urge world leaders to help tackle financial risks by setting a 2020 deadline to end fossil fuel subsidies across biggest economies

Investors and insurers boasting more than $742bn in assets under management have urged the G20 to end fossil fuel subsidies by 2020, warning of severe risks to the global financial sector unless a clear...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Politics

Nothing has changed: Has Labour really watered down its clean power target?

Nothing has changed: Has Labour really watered down its clean power target?

The accusations that Labour has U-turned on its clean power target are wide of the mark, but the government needs to be clearer in communicating its genuinely ambitious plans

James Murray
clock 06 December 2024 • 7 min read
Global Briefing: Japan eyes 60 per cent emissions reduction target for 2035

Global Briefing: Japan eyes 60 per cent emissions reduction target for 2035

Plus Masdar snaps up Greek renewables developer Terna Energy, Spain offers 'climate leave' to workers, and all the top green business news from around the world this week

Michael Holder
clock 29 November 2024 • 5 min read
Heidi Alexander appointed Transport Secretary

Heidi Alexander appointed Transport Secretary

Number 10 confirms Heidi Alexander to replace Louise Haigh following Transport Secretary's shock resignation

James Murray
clock 29 November 2024 • 4 min read