Tag: divestment

Norway’s pension fund to divest $8bn from coal, a new analysis shows

The world’s biggest sovereign wealth fund is set to sell over $8bn (£5bn) of coal-related investments, according to a new analysis. The move by Norway’s trillion dollar fund is set to be confirmed by the country’s parliament on Friday. It is the largest fossil fuel divestment yet, affecting 122 companies across the world, and marking a new success for the fast-growing andUN-backed climate change campaign.

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