A UN-backed investor program designed to pressure Australia to accelerate decarbonization plans will add 18 new money managers including Fidelity International and Morgan Stanley Investment Management, as investor concerns grow over the impact of climate change risks on the country’s debt.

Neuberger Berman and Sumitomo Mitsui Trust Asset Management are also among firms joining the sovereign engagement program coordinated by the Principles for Responsible Investment, the group said in a statement Thursday. The additions expand the initiative from seven investors to 25, with a combined $8 trillion in assets, it said.

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Investors With $8 Trillion Target Australia Over Climate Change