The Sorting (Norwegian Parliament) has made the unanimous decision to pull the Government Pension Fund Global out of coal. Read this briefing paper from urgewald, Greenpeace and Framtiden for more information
Today the Norwegian parliament unanimously voted for the Norwegian Government Pension Fund (GPFG) to adopt strong divestment criteria for companies involved in coal mining and coal fired utilities, including 49 companies and subsidiaries based in the United States.
An analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
Indonesia’s largest coal mine, PT Kaltim Prima Coal (KPC), owned by PT Bumi Resources and TATA India, has been associated with human rights abuses and massive environmental contamination, according to a report by JATAM, Indonesia’s Mining Advocacy Network.
