Climate Changed

Macron's Climate Summit Draws Pledges to Make Coal a Risky Bet

  • AXA, World Bank and Storebrand join in divesting fossil fuels
  • Paris summit seeks to galvanize action on greenhouse gases
Fighting Climate Change, Without the U.S.
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Some of the world’s biggest investors turned their backs on U.S. President Donald Trump’s plan to revive the coal industry, pledging to divest from fossil fuels at a conference organized by French President Emmanuel Macron.

The One Planet Summit in Paris was designed to galvanize support for the two-year old Paris Agreement that’s struggling to make headway after Trump vowed to pull the richest polluting nation out of the pact involving almost 200 countries.