French insurer AXA to exit coal investments in OECD states by 2030
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PARIS/LONDON (Reuters) - France's AXA said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policymakers seek a faster transition to a low-carbon economy.AXA said that as an investor it would exit completely from the coal industry across countries in the Organisation for Economic Cooperation and Development (OECD) and the European Union by 2030, and the rest of the world by 2040.Financial institutions and industrial..