{"id":303441,"date":"2019-11-29T12:05:00","date_gmt":"2019-11-29T06:35:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303441"},"modified":"2019-11-29T12:13:09","modified_gmt":"2019-11-29T06:43:09","slug":"french-cover-major-axa-to-exit-coal-by-2040","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/french-cover-major-axa-to-exit-coal-by-2040\/","title":{"rendered":"French cover major AXA to exit coal by 2040"},"content":{"rendered":"<p>Kolkata: Indian insurer Bharti-AXA\u2019s joint venture partner, French cover major AXA is the latest to announce exit from coal-based businesses. <\/p>\n<p>\u201c\u2026completely exit the coal industry by 2030 in the OECD and EU countries, then in the rest of the world by 2040\u201d it said in a statement on Wednesday. <\/p>\n<p>AXA also targets to contain the warming potential of its investments to below 1.5\u00b0C by 2050. As part of this objective, the Group will double its green investment objective to reach Euro 24 billion by 2023. <\/p>\n<p>\u201cOur conviction has always been that the fight against climate change requires cooperation between all stakeholders to drive collective action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Indian insurer Bharti-AXA\u2019s joint venture partner, French cover major AXA is the latest to announce exit from coal-based businesses. \u201c\u2026completely exit the coal industry by 2030 in the OECD and EU countries, then in the rest of the world by 2040\u201d it said in a statement on Wednesday. AXA also targets to contain the warming potential of its investments to below 1.5\u00b0C by 2050. As part of this objective, the Group will double its green investment objective to reach Euro 24 billion by 2023. \u201cOur conviction has always been that the fight against climate change requires cooperation between all [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-303441","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303441"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303441\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}