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Do something, big business warns political leaders

Monday 29 Sep 14 1:00pm

By KIEREN COOKE.- Many of the biggest hitters in the global financial community, together managing an eye-watering $24 trillion of investment funds, have issued a powerful warning to political leaders about the risks of failing to establish clear policy on reducing greenhouse gas emissions.

More than 340 investment concerns − ranging from Scandinavian pensions funds to institutional investors in Asia, Australia, South Africa and the United States− have put their signatures to what they describe as global investors’ most comprehensive statement yet on climate change.

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