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Keep It In The Ground Lewes and Divest East Sussex have been very active in the last three years, and in the wider world the divestment movement is having a transforming effect. Some local activities have been: getting the Pension Committee to commit ‘to putting 11% of the Funds held in their passive investment portfolio into the UBS Climate Aware Fund’, which has reduced investments in fossil fuel companies and increased investments in renewable energy. |
As at June 2017, the East Sussex Pension Fund was estimated to have at least £150m invested in fossil fuels.
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