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Investor network calls for end to subsidies for red meat production

Investor pressure group urges G20 to reform agricultural subsidies | Hellenic Shipping News Worldwide

Investor pressure group urges G20 to reform agricultural subsidies | Hellenic Shipping News Worldwide
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Investor pressure group urges G20 to reform agricultural subsidies

A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to align agricultural subsidies with their climate and nature goals by the end of the decade, a statement seen by Reuters showed. The group, which includes Britain's biggest asset manager Legal & General Investment Managers and the fund arm of BNP Paribas, issued their first ever call to the countries' finance chiefs ahead of a G20 summit in September in India. The intervention marks the first time investors have grouped together to tackle global subsidies in this way, they said, and follows a narrower 2021 request to the European Union, amid concern about the risks to investment portfolios of inaction.

Investor pressure group urges G20 to reform agricultural subsidies

A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to align agricultural subsidies with their climate and nature goals by the end of the decade, a.

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