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

Supporters rally to Rachel Kyte after criticism of appointment over link to investment firm Quadrature Capital

The UK’s new climate envoy will retain her role on the board of 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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