Sunday, May 28, 2017

Investors beg G7 to stick with Paris climate agreement

Donald Trump has been dithering over fulfilling his campaign promise to pull out of the Paris Agreement at the G7 summit in Italy. Businesses say the US must work with the rest of the world to tackle climate change.

As the world's seven largest economies meet in Italy today and tomorrow, the summit is being watched by environmentalists and companies alike for what could be a world-altering decision. Will Donald Trump pull the US out of the Paris climate agreement?

Media reports last week claimed Trump would make a decision at the summit, but those reports have been denied by the White House.

Media reports last week claimed Trump would make a decision at the summit, but those reports have been denied by the White House.

"Investors are sending a powerful signal today that climate change action must be an urgent priority in the G20 countries, especially the United States, whose commitment is in question," said Mindy Lubber, President of the sustainability non-profit Ceres, which organized the letter.

"Global investors are eager to open their wallets to a low-carbon future, but it won't happen without clear, stable policy signals from countries worldwide - in particular, the US government whose waffling on the Paris climate agreement is hugely troubling."

Environmentalists have urged the G7 to push Trump on the climate issue. - Read More

Investors beg G7 to stick with Paris climate agreement | DW


0 Comments:

Post a Comment

<< Home