
Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims
🤖AI Özeti
The Gates Foundation Trust has significantly increased its investments in fossil fuel companies, holding $254 million in firms like Chevron, BP, and Shell in 2024. This figure marks a nine-year high and represents a 21% increase since 2016. Despite Bill Gates' previous claims of divesting from fossil fuels in 2019, the trust's holdings have surged, reaching their highest level since that year when adjusted for inflation.
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📚Bağlam ve Tarihsel Perspektif
Bill Gates has been a vocal advocate for climate action and has publicly committed to reducing reliance on fossil fuels. However, the trust's increased investments in these sectors suggest a complex relationship between financial interests and environmental ethics. The findings come at a time when many organizations are reevaluating their investment strategies in light of climate change.
This article reflects the analysis and opinions of The Guardian and does not necessarily represent the views of the Gates Foundation.
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