LE BOURGET, France: Institutional investors are fleeing fossil fuels even as many major banks continue to pour money into coal, according to reports released at a UN climate conference Wednesday.

The number of universities, governments and investment funds that have said they will drop at least some fossil fuels from their portfolios has risen sharply to more than 500, according to one of the reports, released on the sidelines of the UN climate meeting outside Paris.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details