Leonardo DiCaprio backs moves away from fossil fuel investment

Investors ranging from Leonardo DiCaprio to pension funds and churches have pledged to pull almost £1.7tn out of fossil fuels, it has been announced.

More than 400 institutions and 2,000 individuals have pledged to divest from fossil fuels and invest in renewable energy and clean technology, a report from Arabella Advisors for the Divest-Invest campaign found.

The move away from fossil fuels is being supported by governments, pension funds, philanthropic institutions, faith organisations, cities and universities.