Smoke belches from a coal-fuelled power station near Datong, in China’s northern Shanxi province. Big Chinese firms say they are taking steps to reduce air pollutants and mitigate climate change. Photo: AFP

Why is global investors’ fossil fuel divestment not having the desired effect on China’s carbon emissions?

  • More than 1,000 institutional investors have committed themselves to divest trillions from fossil fuel companies and stocks
  • But institutional investors are unable to pressure Chinese miners and power producers as they do not rely on foreign funds
Topic |   Climate change

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Smoke belches from a coal-fuelled power station near Datong, in China’s northern Shanxi province. Big Chinese firms say they are taking steps to reduce air pollutants and mitigate climate change. Photo: AFP
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