Investors condemn Trump's 'troubling' withdrawal from Paris climate deal

'Final blow' to Obama's legacy

Jayna Rana
clock
Trump said he wanted to put America first. Photo: Chairman of the Joint Chiefs of Staff/Creative Commons CC BY 2.0
Image:

Trump said he wanted to put America first. Photo: Chairman of the Joint Chiefs of Staff/Creative Commons CC BY 2.0

President Donald Trump's decision to take the US out of the 2015 Paris Climate Change Agreement "implies financial and economic loss for the international community" according to investors, who have criticised his latest move.

Trump said last night that the accord "punished" the US and would cost millions of American jobs. According to the BBC, he said he was prepared to negotiate a new agreement or re-enter the accord on...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Trustpilot