For Immediate Release
Lindsay Meiman, email@example.com
Ban Ki-moon Urges Pension Funds to Reduce Investments in Fossil Fuels
COPENHAGEN, Denmark - At a press conference in Copenhagen yesterday, UN Secretary General Ban Ki-moon urged big investors such as pension funds and insurance companies to reduce their investments in fossil fuels and invest in renewable energy instead.
Ki-moon made his comments during the presentation of the latest summary of climate science in the form of the Intergovernmental Panel on Climate Change’s (IPCC) fifth assessment report. The report strengthens the case for fossil fuel divestment by stating that “substantial reductions in emissions would require large changes in investment patterns”.
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