UN Secretary General Ban Ki-moon gets it – business as usual is not an option. Divestment is a global necessity if we are to transition to a low-carbon economy.

He revealed yesterday at the launch of the IPCC report, that he has been urging the world’s largest companies and pension funds to divest from fossil fuels and re-invest in renewable energy. “I’m asking them – please reduce your investments in coal and fossil fuel based economy to renewable energy.”

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You can watch the video of this section of the press conference here:

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