
CalPERS Targets Chevron and Saudi Aramco as Climate Investment Risks
The California Public Employees' Retirement System (CalPERS), the largest public pension fund in the United States, has recently identified Chevron and Saudi Aramco as significant climate investment risks. This decision comes as part of a broader push for sustainable investment practices and a response to growing pressures regarding environmental, social, and governance (ESG) concerns.
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Climate Investment Surge Unstoppable, Says John Kerry
In a recent statement, John Kerry, the United States Special Presidential Envoy for Climate, asserted that the momentum behind global climate investment is beyond the influence of any single politician. Addressing an audience at a conference focused on sustainable finance, Kerry emphasized the growing trend of significant capital flow into climate initiatives, reflecting a change in both public sentiment and market dynamics.
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Nature Funds Soar as Climate Investments Struggle to Recover
As the unexpected twist has taken place in environmental finance, the funds of nature started to rise to fame on a rocket streak, while the climate investments continued to fight their way back. This turn of events is an interesting shift in priorities and trends within green finance, showcasing shifting investor sentiment and a fresh appraisal of the best way to battle environmental degradation.
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