Investors controlling $41tn (£29tn) in assets have called for governments around the world to end support for fossil fuels and set targets for rapid reductions in carbon emissions to limit the damage from global heating. The 457 investors, who hold almost a third of world’s assets under management, signed a joint statement calling for governments to “significantly strengthen” their plans to cut carbon emissions in the next decade and to bring in detailed targets for net zero emissions by 2050 or sooner. Among the signatories were the largest British asset managers, including Aviva, HSBC Asset Management, Legal and ... (full story)