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P8 Group
The P8 Group brings together senior leaders from some of the world's largest public pension funds to develop actions relating to global issues and particularly climate change. It is an initiative of the Cambridge Programme for Sustainability Leadership (CPSL) and HRH Prince of Wales’s Business and Environment Programme (BEP) supported by the Environmental Capital Group (ECG) and the Nand & Jeet Khemka Foundation. The P8 Group involves ten leading global pension funds and sovereign wealth funds, including representatives from Europe, Asia, Australasia and North America. They represent over $3 trillion of investment capital and as pension funds have an inherently long term focus. In November 2007 the first P8 Summit was held. This brought together leaders from eight of the world's largest public pension funds with key experts including Vice President Al Gore and HRH Prince of Wales. The P8 Summit was a critical start in getting pension funds to lead in the move toward a low-car ...
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Pension Funds
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked co ... ahead of mutual funds, insurance companies, currency reserves, sovereign wealth ...
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CalSTRS
The California State Teachers' Retirement System (CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency. As of September 2020, CalSTRS is the largest teachers' retirement fund in the United States. CalSTRS is also currently the eleventh largest public pension fund in the world. As of October 31, 2020, CalSTRS managed a portfolio worth $254.7 billion. Membership CalSTRS members, as of June 30, 2019, include employees of approximately 1,778 employers: * School districts * Community college districts * County offices of education * Regional occupational programs Teachers' Retirement Fund The Teachers' Retirement Fund is a special trust fund established by law that holds the assets of the following programs: * Defined Benefit * Defined Benefit Supplement * Cash Balance ...
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Diplomatic Conferences In The United Kingdom
Diplomatics (in American English, and in most anglophone countries), or diplomatic (in British English), is a scholarly discipline centred on the critical analysis of documents: especially, historical documents. It focuses on the conventions, protocols and formulae that have been used by document creators, and uses these to increase understanding of the processes of document creation, of information transmission, and of the relationships between the facts which the documents purport to record and reality. The discipline originally evolved as a tool for studying and determining the authenticity of the official charters and diplomas issued by royal and papal chanceries. It was subsequently appreciated that many of the same underlying principles could be applied to other types of official document and legal instrument, to non-official documents such as private letters, and, most recently, to the metadata of electronic records. Diplomatics is one of the auxiliary sciences of histo ...
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Climate Change Policy
The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuels, certain industries like cement and steel production, and land use for agriculture and forestry. Since the Industrial Revolution, fossil fuels have provided the main source of energy for economic and technological development. The centrality of fossil fuels and other carbon-intensive industries has resulted in much resistance to climate friendly policy, despite widespread scientific consensus that such policy is necessary. Climate change first emerged as a political issue in the 1970s. Efforts to mitigate climate change have been prominent on the international political agenda since the 1990s, and are also increasingly addressed at national and local level. Climate change is a complex global problem. Greenhouse gas (GHG) emissions c ...
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Bali Roadmap
After the 2007 United Nations Climate Change Conference held on the island of Bali in Indonesia in December 2007, the participating nations adopted the Bali Road Map as a two-year process working towards finalizing a binding agreement at the 2009 United Nations Climate Change Conference in Copenhagen, Denmark. The conference encompassed meetings of several bodies, including the 13th session of the Conference of the Parties (COP 13) to the United Nations Framework Convention on Climate Change and the third session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol (CMP 3). The Bali Road Map includes the Bali Action Plan (BAP), which was adopted by Decision 1/CP.13 of COP-13. It also includes the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG-KP) negotiations and their 2009 deadline, the launch of the Adaptation Fund, the scope and content of the Article 9 review of the Kyoto Protocol, as well ...
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The Government Pension Fund Of Norway
The Government Pension Fund of Norway ( no, Statens pensjonsfond) comprises two entirely separate sovereign wealth funds owned by the government of Norway. The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1.19 trillion in assets, and holds 1.4% of all of the world’s listed companies, making it among the world’s largest sovereign wealth funds. In December 2021, it was worth about $250,000 per Norwegian citizen. It also holds portfolios of real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds. The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Scandinavian investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange. ...
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Chartered Institute For Securities & Investment
The Chartered Institute for Securities & Investment (CISI) is a global professional body for those in the financial and investment profession. It offers a range of qualifications and resources for professional development, as well as setting standards of conduct and ethics for those in the industry. History The CISI was formed in 1992 as the Securities Institute by the members of the London Stock Exchange. It changed its name to the Securities and Investment Institute in November 2004. It became the Chartered Institute for Securities & Investment when it was granted a Royal Charter in October 2009. In November 2015 the Institute of Financial Planning was formally merged into the CISI. In 2017, CISI, the Chartered Insurance Institute and the Chartered Institute of Bankers in Scotland formed the Chartered Body Alliance. It is headquartered in London and has offices in Sri Lanka, India, The Philippines, United Arab Emirates, Ireland, Spain and Kenya. The institute is a registe ...
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Universities Superannuation Scheme
The Universities Superannuation Scheme is a pension scheme in the United Kingdom with £89.6 billion under management as of August 2021 (up from £67 billion in 2019). It has over 400,000 members, made up of active and retired academic and academic-related staff (including senior administrative staff) mostly from those universities established prior to 1992 (staff in the post-1992 universities are mostly members of the Teacher's Pension Scheme). In 2006, it was the second largest private pension scheme in the UK by fund size. The headquarters of Universities Superannuation Scheme Limited (USS) are in Liverpool. History The Federated Superannuation Scheme for Universities, 1913–1974 In 1911 the President of the Board of Education established an Advisory Committee on University Grants. This research formed the basis of the predecessor of USS, the Federated Superannuation System for Universities, which was approved by the Board of Education and membership became compulsory f ...
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Algemene Ouderdoms Wet
The ''Algemene Ouderdomswet'' ('General Old Age pensions Act, abbreviated AOW) is a 1956 Netherlands, Dutch law that installed a state pension for the elderly. This law was a continuation of a 1947 temporary law. The old law was a proposal by Willem Drees, while the new one came about when he was prime minister. It is the one thing he is remembered for most and his name is immortalised in the expression ''van Drees trekken'' (literally 'drawing from Drees' after the Dutch word ''steuntrekken'' for receiving social security). The law provides for a base pension from an 'AOW age' which increases with time for everyone who had a permanent residency (with or without work) in the Netherlands during the 50 years before his age catches up with the AOW age (2016: 65 years and 6 months; 2017: 65 years and 9 months). For those who have not been a resident in the Netherlands for a full 50 years, the amount is proportional. If a pensioner has a common household with someone else (for example in ...
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AP7 (pension Fund)
AP7 or AP-7 may refer to: * 2022 AP7, an asteroid * AP-7 (drug), an NMDA receptor antagonist * Autopista AP-7 The ''Autopista AP-7'' (also called ''Autopista del Mediterráneo'') ( ca, Autopista de la Mediterrània) is a Spanish Highways in Spain, autopista (controlled-access highway). It runs along the Mediterranean coast of Spain. AP-7 has two differ ...
, a motorway in Spain * , a 1919 US Navy troop transport and hospital ship {{Letter-NumberCombDisambig ...
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British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, forests, lakes, mountains, inland deserts and grassy plains, and borders the province of Alberta to the east and the Yukon and Northwest Territories to the north. With an estimated population of 5.3million as of 2022, it is Canada's third-most populous province. The capital of British Columbia is Victoria and its largest city is Vancouver. Vancouver is the third-largest metropolitan area in Canada; the 2021 census recorded 2.6million people in Metro Vancouver. The first known human inhabitants of the area settled in British Columbia at least 10,000 years ago. Such groups include the Coast Salish, Tsilhqotʼin, and Haida peoples, among many others. One of the earliest British settlements in the area was Fort Victoria, established ...
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New York State
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's population liv ...
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