Industry News: Global finance industry says it has $130 trillion to invest in efforts to tackle climate change

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November 03, 2021

A coalition of the world’s biggest investors, banks and insurers that collectively control $130 trillion in assets said on Wednesday that they were committing to use that capital to hit net zero emissions targets in their investments by 2050, in a push that would make limiting climate change a central focus of most major financial decisions for decades to come.

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