Following the announcement yesterday on the 1st of June, the Global Sustainable Investment Alliance, of which Eurosif is a member, has expressed strong disappointment in the US Government’s decision to withdraw from the Paris Climate Change Agreement.
The GSIA – representing $12 trillion of assets managed, banked or advised globally – has condemned the decision which comes at a critical moment when global capital is moving to play their part in financing the transition towards a low carbon economy.
The GSIA urges the Administration to reconsider the decision and join with the other 195 nations who are committed to tackling climate change through the Paris Agreement. At such times, the global network of responsible investors counts on the strong stand Europe is taking against climate risks.
To read the full press release, please click here.