A United Nations-backed coalition of investors managing nearly $100 trillion in assets is urging its members to press Congress and U.S. regulators to take more aggressive action to prevent climate change from harming investments.
Herders like Boubacar Moukaila are caught between climate change, which has made grazing land too dry for his livestock, and conflict, which prevents him from travelling elsewhere to find fertile pastures.
Investors managing trillions of dollars in assets have warned Brazil that escalating deforestation and the "dismantling" of policies to protect the environment and indigenous communities are "creating widespread uncertainty about the conditions for investing".
Five years ago, members of the Rockefeller family walked away from the fossil fuels that made them rich, alarmed that burning oil and gas was causing climate change. Now it also seems like a smart financial move.
Jane Worthington moved her grandkids to protect them from oil and gas wells—but it didn't work. In US fracking communities, the industry's pervasiveness causes social strain and mental health problems.