Corbyn and Blackford back fossil fuel campaign
UK Labour leader Jeremy Corbyn and SNP Westminster leader Ian Blackford have backed a campaign for the parliament’s £612 million pension fund to stop investing in fossil fuels.
With support also coming from shadow chancellor John Mcdonnell, the number of cross-party MPS and former MPS signed up to the Divest Parliamentcampaignhasnow topped 100.
The pledge calls for action to tackle climate change and urges the Parliamentary Contributory Pension Fund to end investment in oil, coal and gas companies.
The latest signatories were revealed on the eve of an international summit on climate change and finance in Paris hosted by French president Emmanuel Macron.
The summit marks the twoyear anniversary of the signing of the Paris Agreement on climate change.
Mr Corbyn said: “Two years on from the historic Paris Agreement, our country must show leadership in confronting the existential threat posed by climate change.”