Campaign co-founder Richard Curtis said it was important "to act with urgency to make sure that the trillions in our pensions help tackle the climate crisis, not fuel the fire."  

The pipeline would have crossed more than 88 waterways, 44 wetlands, 30 parks, and 33 conservation easements. Experts say the cancelation demonstrates that federal regulators must stop approving gas pipelines that fail to show they are needed in the first place.

A University of Aberdeen spokesperson said its decision to divest was part of a commitment to provide leadership on sustainability issues and support a "just transition" for the energy sector.

Indigenous peoples in North America have helped block tar sands mines, oil pipelines, and LNG export terminals. Their successes against the fossil fuel industry have kept enormous volumes of carbon pollution out of the atmosphere.

Campaigners are urging ministers to "keep the coal in the ground" as an inquiry into the Whitehaven mine begins.

Greenpeace has taken the Department for Business, Energy and Industrial Strategy to court over the Vorlich oilfield permit granted to the oil company in 2018.

The criticism comes despite COP26 President Alok Sharma insisting that the summit would be an "inclusive" event, with “all voices” heard.

The initial announcement that the oil company would sponsor primetime coverage was met with a powerful backlash from environmental campaigners.

The environmental protest group has said it wants to highlight the role of the City of London in financing fossil fuels around the world.

Climate campaigners are set to descend on the City of London for two weeks, starting on Monday.