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Climate-vulnerable Pacific nation's trust fund invests in fossil fuels

3d ago· 1 min readenNews

Summary

A trust fund established to assist a South Pacific nation severely impacted by climate change has been found to be investing in coal mining, gas exploration, and the world's largest crude oil refinery — directly contradicting its environmental mission.

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A trust fund set up to help a South Pacific nation gravely threatened by climate change has invested in coal mining, gas exploration and the world's largest crude oil refinery.

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