Commenting on reports that our world is likely to pass the 1.5C limit for global warming for the first time before 2027, Catherine Howarth OBE, Chief Executive of ShareAction said:

"Report after report shows the urgent need to take action to reduce carbon emissions to protect people and planet."One of the quickest, most impactful ways to achieve this is to cut off the supply of investment in new oil, gas and coal."Banks, investors and asset managers have to take responsibility in cutting the flow of finance to fossil fuel companies and redirect this capital towards the low carbon energy supplies of the future."