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Divestment campaign signs up first Swedish city
2014-10-15 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Swedens seventh largest city has committed to divest its EUR225 million funds from fossil fuels. Örebro becomes the first Swedish city to fully withdraw from coal, oil and gas investments. It brings the municipalitys finances in line with its overall goal to become fossil-free by 2050. Lena Baastad, mayor of Örebro said: We need to take action on climate change on various levels. Our efforts are more meaningful when we ensure that our financial assets dont work in the opposite direction....
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