As of 2016 $7 trillion was invested in ESG assets, according to the Forum for Sustainable and Responsible Investment data cited by the publication. Donald Trump is withdrawing from a determined worldwide movement to save the planet from the worst effects of unsafe climate change.
Recently, Cllr David Smith, portfolio holder for planning and environment, said he was "extremely disappointed" Mr Trump had made a decision to withdraw from the Paris Agreement, adding the council would "continue with their commitment to reduce carbon emissions in this town". Under the Paris Climate Accord, we agreed to reduce ourgreenhouse gas emissions by 26 to 28 percent compared to 2005 levels. Approximately 86 percent of Americans support speeding up the development and use of clean energy in the U.S.
In the meantime, with the Democrats controlling a majority in both houses of Congress, new law was drafted to specifically deal with global warming.
"We will also continue to reach out to the U.S. federal government to discuss this matter of critical importance for all humankind, and to identify areas of shared interest for collaboration, including on emissions reductions", he said.
Trump has announced that he is pulling the U.S. out of the Paris Agreement on climate change, following through with a campaign promise to support the coal and oil sector.
In the wake of Trump's decision, a group of mostly Democratic states have joined together to form the U.S. Climate Alliance. That was at an event in which Murdoch announced plans for News Corp.to go carbon neutral at all its buildings, which span five continents.
Branson said there are also a lot of world leaders that want to leave legacies when they step down and "if they can leave a big marine reserve, or something in their name, that's very positive".
But we will focus on the problem the Paris climate accord is meant to address - global warning - and the response of NY officials past and present. We will increase our efforts to cut greenhouse gas emissions, create a clean energy economy and stand for environmental justice.
The missive takes a strong stance against the USA, typical for the secretive regime.
Chinese officials also contrasted their stances on climate with Trump's reversal, a connection that Chinese President Xi Jinping did not draw in his meeting with Brown earlier in the week.
"California has the second highest after Hawaii in terms of electricity prices in the country, and of course the second highest gasoline after Hawaii", Hiatt said. French President Emmanuel Macron posted a video online in English calling on climate scientists to come to France and ending with the message, "We all share the same responsibility, make our planet great again".