| In early March, the City of Oslo, capital of Norway, announced that they would be divesting $7 million (£4.7m) worth of coal assets from its pension fund. Norway announced last December that it would begin excluding the most harmful of climate offenders from its $870 billion (£589bn) sovereign wealth fund on a “case-by-case basis”.
Subsequently, the bank in charge of the country’s sovereign wealth fund announced in February that 49 companies had been divested from the fund’s investments. An ever-increasing number of universities around the world have also made the decision to divest their fossil fuel investments, including a number throughout the US, Sweden, and the University of Sydney, the first Australian university to do so...............................................Full Article: Source
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