''In addition to meeting the immediate environmental
challenges that we face, we also need to focus more acutely on the
potential economic and societal risks that may arise as transition
to a low-carbon and environmentally secure world accelerates,''
2018 WEF Global Risks Report.
The fossil fuel era is coming to an end. Renewable energy makes
business sense and investors are noticing. At the end of 2017, a
number of leading international banks publicly announced their
intentions to divest from coal. Some of these big names included ING, The World Bank and Axa. And earlier this week
Lloyd's Bank of London joined them announcing they would begin
excluding coal from its investment strategy from 1