Reports: Oslo becomes first capital city to divest from fossil fuels

clock

Norwegian capital also announces it will be car-free by 2019

Oslo has become the first capital city in the world to ban investment in fossil fuels, after its newly elected city council announced it will divest its $9bn pension fund from coal, oil and gas companies....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

UK government unlocks £100m seed funding for sustainable development

UK government unlocks £100m seed funding for sustainable development

Funding expected to generate £400m-£600m of new investments in businesses tackling climate change and poverty across emerging markets, according to Foreign Office

Michael Holder
clock 03 February 2025 • 4 min read
Watch for these signs on whether banks remain serious about net zero

Watch for these signs on whether banks remain serious about net zero

Banks are losing their 'training wheels' on climate - Here's how to tell who is still pedalling toward net zero

Elsa Wenzel, Trellis
clock 31 January 2025 • 7 min read
BloombergNEF: Clean energy investment tops $2tr for first time

BloombergNEF: Clean energy investment tops $2tr for first time

But influential analyst warns major 'investment gap' remains if world is to deliver on goals of Paris Agreement

clock 30 January 2025 • 4 min read