The Environment Agency is cutting its pension fund investments in fossil fuels to bring it in line with efforts to prevent dangerous climate change.
Under the plans the Environment Agency Pension Fund (EAPF) will invest 15% of its £2.7 billion fund in low carbon and energy efficient technology and reduce investment in coal by 90% and oil and gas by half, in terms of carbon emissions, by 2020.
The change by the Government agency aims to make sure its investments are compatible with international agreement to keep global temperature rises to 2C - seen as the threshold beyond which
dangerous impacts of climate change will occur.