This is despite a recent statement by the SNP leader, Nicola Sturgeon, suggesting that she is opposed to the growing global movement to pull investments worth some £2.3 trillion from coal, oil and gas companies.
More that 50 protests are being staged across the UK this weekend aimed at persuading more universities, councils and banks to withdraw money from climate polluters. In Scotland, the University of Glasgow and the United Reform Church are among those who have already decided to divest.
The House of Commons motion was lodged last September by the sole Green MP, Caroline Lucas. Some £500 million is invested into UK and global economies by Westminster’s pension fund, though fund mangers have so far refused to say how much of that is in fossil fuels.
The motion argues that because climate change poses a “serious risk” to financial returns, universities, churches and institutions are increasingly deciding to withdraw their funds from polluters.