State investments and fossil fuels

 

Sir, – This week the majority of TDs signalled support for the Ireland Strategic Investment Fund (ISIF) to remove its investment in the fossil fuel industry. This is an important and historic act to keep global temperature rises well below 2 degrees. It would also ensure that Ireland is well-placed to capitalise on the growth of the new, green economy creating jobs and a better future for all Irish citizens.

We admire and applaud the TDs for showing their support for the Bill. When members of Dáil Éireann vote to progress this historic bill on January 26th, they will be showing strong global leadership in our collective effort on climate change. – Yours, etc,

JULIAN SAINSBURY,

Chairman,

JJ Charitable Trust;

MARK SAINSBURY,

Chairman,

Mark Leonard Trust;

SARAH BUTLER-SLOSS,

Chairwoman,

Ashden Trust;

ELLEN DORSEY,

Executive Director,

Wallace Global Fund,

London.