The letter, signed by Fidelity, State Street and other influential asset management firms, marks the strongest call yet from investors urging governments around the world to take bolder steps to fight the climate crisis. And it comes just as the leaders of G7 nations meet in the United Kingdom to discuss the Covid-19 pandemic, climate change and other major global issues.
“These gaps — in climate ambition, policy action and risk disclosure — need to be addressed with urgency,” the signatories wrote in the letter.
The not-so-subtle warning is that countries that drag their feet risk…
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