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The Guardian - UK
The Guardian - UK
Environment
Fiona Harvey Environment editor

UK climate envoy to keep role at charity whose founders invest in fossil fuels

Rachel Kyte
Rachel Kyte is a former vice-president of the World Bank and is widely respected for her decades of work on climate and development issues. Photograph: Pacific Press Media Production Corp./Alamy

The UK’s new climate envoy will retain her role at a charity whose founders made a multimillion-pound donation to the Labour party and have investments in fossil fuels, the Guardian has learned.

Rachel Kyte, the former World Bank climate chief who was announced as the UK’s special representative on climate this week, is on the climate advisory board of Quadrature Climate Foundation, a charity set up by the founders of the Quadrature Capital investment company.

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