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Fund managers face ‘urgent reality check’ on climate goals amid ‘catastrophic’ failure to meet Paris goals
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fnlondon.comLess than 1% of the $27tn managed by a sample of global investment funds is invested in assets aligned with the Paris Agreement's global warming goals, according to a new study.
Analysis conducted by charity CDP found just 0.5% of the assets overseen by the more than 16,500 funds reviewed met the Paris Agreement's target of limiting global warming "well below" 2°C.
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