The Rockefeller Brothers Fund has assets worth about $860m
- Rockefeller Foundation turns 100
- Global protests over climate change
- China overtakes EU on ‘per head’ CO2
Heirs to the Rockefeller family, which made its vast fortune from oil, are to sell investments in fossil fuels and reinvest in clean energy, reports say.
The Rockefeller Brothers Fund is joining a coalition of philanthropists pledging to rid themselves of more than $50bn (£31bn) in fossil fuel assets.
The announcement was made on Monday, a day before the UN climate change summit opens on Tuesday.
Some 650 individuals and 180 institutions have joined the coalition.
Pledges from pension funds, religious groups and big universities have reportedly doubled since the start of 2014.
Report, 22 September 2014 – 2000 Hrs…