A map tool and database was published on 24 September 2016 by a coalition of partners – 350.org, Platform, Community Reinvest, Friends of the Earth – revealing that UK councils have invested £14 billion of their pension funds into fossil fuels.
Following the publication of the database, data crunching revealed that millions have been wiped of UK local government pensions due to coal crash.
Research shows however, that instead of climate catastrophe, local government pensions can fuel local futures.
Below are examples of media coverage:
Millions of UK public sector pensions exposed to risky fossil fuel investments – The Guardian
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Millions of UK pensions exposed to ‘high-risk’ fossil fuel investments- Russia Today
Exposed: UK Councils’ £14 billion fossil fuel gamble – The Ecologist
See how much YOUR local council is investing in fossil fuels – The Metro
UK councils have invested £14 billion of pension funds in fossil fuels – Western Daily Press
£14 billion of council pension funds invested in fossil fuels – Green Wise
Councils urged to switch fund investments away from fossil fuels – Belfast Telegraph
Greater Manchester ‘shows biggest investment in fossil fuels – Lancashire Evening Post
Councils have £14 billion exposed in fossil fuel investments – Click Green
Greater Manchester ‘shows biggest investment in fossil fuels’ – IOM Today
Councils invest £14bn pension funds in ‘risky’ fossil fuels – LocalGov
Millions of UK council workers exposed to fossil fuel stranded assets risk – Business Green
Councils called up on £14bn pension investments in fossil fuels – Professional Pensions
Kent County Council in fresh pensions row over investment in fossil fuels – Kent News
Hackney announces it will review £42m pension fund investment in dirty energy – Hackney Citizen