Commodities & Energy

Reuters reveals investors stepping up pressure on global energy watchdog over climate change

Reuters reveals investors stepping up pressure on global energy watchdog over climate change

Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure this week from investors and scientists concerned about climate change to overhaul the agency’s projections for fossil fuel demand. Pension funds, insurers and large companies were among 65 signatories of a joint letter to Birol, seen by Reuters, urging him to do more to support the implementation of the 2015 Paris Agreement to avert catastrophic global warming.