Monday saw Greenpeace and Luxembourg's Minister of Social Security, Romain Schneider, return before the Administrative Court following the environmental organisation's claims that the national pension fund made some significant carbon investments.
According to a statement issued by Greenpeace this afternoon, this second hearing followed the organisation's application for interim relief against Minister Schneider concerning climate-damaging investments made on behalf of the pension fund.
In response to the first hearing held on 1 October 2019, the government's legal representative submitted her conclusions in writing on 8 November 2019. During this morning's hearing, Greenpeace, represented by its lawyers Philippe Penning and Gennaro Pietropaolo, continued to argue that the Minister must respect the obligations of the Paris Agreement and thus align the pension fund's investments with these objectives.
Similarly, Greenpeace insisted that Romain Schneider and the pension fund speak out on the financial risks associated with climate change and those associated with the fund's investments.
The Administrative Court will take a decision next week.
