GM Pension fund must go green
The Greater Manchester Pension Fund must divest from fossil fuels, not only to protect the planet, but to protect the pensions of thousands of people across the region. At the next full meeting of Oldham Council (Wednesday 14 July 2021), the Liberal Democrats will propose a motion to deliver exactly that. Councillor Sam Al-Hamdani, who will be proposing the motion, said: “It is time the Greater Manchester Pension Fund did the right thing by our environment and pulled out the money invested in fossil fuel industries that massively contribute to global warming, and instead reinvest it in green technologies which do good.” The Fund is currently one of the biggest investors in fossil fuels with over £1.7 billion in the oil, coal and gas industries. “As an employer, Oldham Council…