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Call for end to fossil fuels investments.

FRIENDS of the Earth Cymru, Sophie Howe, the Future Generations Commissioner for Wales, and other environment, development and trade union groups are calling on all public sector bodies in Wales to stop investing in climate-wrecking fossil fuel companies.

In an open letter published on Tuesday, Friends of the Earth Cymru, the Future Generations Commissioner for Wales, UNISON Cymru, NUS UK, CAFOD Wales, Oxfam Cymru, University and College Union Cymru, Sustrans Cymru and British Lung Foundation Wales have come together to urge Local Authority Pension Funds, the new Wales Pension Partnership, the Assembly Member Pension Scheme and the Welsh Government pension fund to commit to truly ethical investment policies which do not include any fossil fuel firms.

The organisations, which collectively represent tens of thousands of people in Wales, want Wales to be a globally responsible nation.

The open letter reads: "It is the poorest people, both here in Wales and globally, that are least responsible and yet most affected by climate change. We must divest from fossil fuels now to help support more vulnerable countries where people are already experiencing the frontline impacts of climate change."

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Publication:South Wales Echo (Cardiff, Wales)
Geographic Code:4EUUK
Date:Aug 1, 2019
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