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Labour's new climate envoy linked with £4m donation

LABOUR’S new climate envoy Rachel Kyte is co-chair of the advisory board of a foundation linked with the offshore trust that donated £4 million to the party shortly before the general election, it has emerged.

The Quadrature Climate Foundation is fully funded by Quadrature Capital, a hedge fund based in the Cayman Islands which invests in fossil fuel firms.

Ms Kyte, also former climate chief at the World Bank, told the Guardian that the government has an “opportunity to use international action to help deliver on the UK’s energy mission.”

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