The Établissement de Retraite additionnelle de la Fonction publique (ERAFP), the first French public pension fund, will be divesting from companies whose turnover from thermal coal-related activities exceeds 10% of the turnover.
The Japanese sovereign wealth fund – Government Pension Investment Fund (GPIF) – and the Council of Europe Development Bank (CEB) have launched an initiative to develop sustainable capital markets through social bonds.

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