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Investors commit $10 trillion of assets in pursuit of 1.5 deg C climate goal

Sep 20, 2022

September 20, 2022 10:20 AM

NEW YORK – A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees’ Retirement System and Zurich Insurance Group AG have committed to managing US$7.1 trillion (S$10 trillion) of assets in line with the Paris Agreement’s goal of limiting warming to 1.5 degrees Celsius.

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