OSLO (Reuters) - Investors managing more than $13 trillion (9.8 trillion pounds) of assets urged leaders of the Group of 20 on Wednesday to ratify a global climate deal by the end of 2016 and to step up efforts to shift from fossil fuels.
A total of 130 investors, grouped in six coalitions, wrote a letter to G20 leaders and also called on them to double global investment in clean energy, develop carbon pricing and phase out fossil fuel subsidies.
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