Investment funds controlling US$37 trillion in global assets are failing to meet climate goals, says think tank InfluenceMap

The world’s largest investment funds – controlling a mammoth US$37 trillion in assets – are failing to bring their portfolios in line with the Paris climate goals, new analysis showed on Wednesday. The funds control portfolios containing a fifth of the total value of world capital markets, yet their investments in sectors such as cars and coal puts them “significantly…