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Oslo becomes first capital city to divest from fossil fuels

2015-10-19 12:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The City of Oslo today announced that it will divest its $9 billion pension fund (EUR8 billion) from coal, oil and gas companies, becoming the first capital city in the world to ban investments in fossil fuels. Lan Marie Nguyen Berg, of the Green Party in Oslo says: We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments. The time for climate action is now, and the new city government will address climate change...

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