Public Sector Pension Funds

Part of 1. Questions to the First Minister – in the Senedd at 2:26 pm on 15 November 2022.

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Photo of Jack Sargeant Jack Sargeant Labour 2:26, 15 November 2022

I thank the First Minister for that answer, and I'm grateful for the commitment from the Ministers in your Cabinet. Llywydd, I have declared an interest with this question because of my committed and continued involvement with the Wales disinvestment campaign, but the clock is ticking, First Minister, on the time that we have to avoid serious environmental catastrophe and the chaos, hunger and conflict that come with it. Huge amounts of our public sector pension money continue to be invested within fossil fuels, and I'm grateful to colleagues within the Senedd for the support for my motion earlier this year. If Wales does set these targets and public sector pension schemes disinvest by 2030, we would be the first nation in the world to do so.

First Minister, today we celebrate 100 years of Labour winning in Wales. We are still bold and we are still ambitious, and we have to be the bold and ambitious party so that our future generations and our younger generations, like those from Hawarden High School in my constituency in the gallery today, can go on to live successful lives in a sustainable world. First Minister, will you meet with me and fellow campaigners to discuss further how we can progress this bold proposal?