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GEPF is SA's biggest investor in fossil fuels, but says 'first world' must cut emissions

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The GEPF believes that "first world" nations should be doing the heavy lifting to slash greenhouse emissions that cause climate change.
The GEPF believes that "first world" nations should be doing the heavy lifting to slash greenhouse emissions that cause climate change.
Richard Du Toit/Gallo Images

South Africa's biggest investor in coal, oil and gas companies is the Government Employees Pension Fund. But the fund has no plans to divest from fossil fuels even though emissions cause climate change and resulting extreme weather like the devastating floods in KwaZulu-Natal last year.

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