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Copenhagen Set to Divest Funds Out of Coal, Oil and Gas Holdings

2016-01-29 20:38:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The city of Copenhagen is set to become the latest recruit to the unstoppable divestment movement, with its plan to sell off the coal, oil and gas assets of its 6.9 billion Krone (EUR1.29 bn) investment fund. The Danish capital will join a movement worth more than $3.4 trillion worldwide, following Norways capital Oslo and non-European cities such as Newcastle, Australia, as well as more than 500 institutions, universities, banks, companies and thousands of people, who have already pulled their...

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