Norwegian government recommends $7.5 billion divestment from oil and gas
Today, the government of Norway announced a recommendation for the Norwegian Sovereign Wealth Fund, worth $1 trillion, to divest more than $7.5 billion of holdings from upstream oil and gas industries. This proposal will next be put to a parliamentary vote.
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2018 – The Year for Local Action
The COP23 climate talks are over; now the work of real climate leaders begins.
Norway proposes divesting its $1trillion wealth fund from oil and gas
In a move that’s been described as “a shot heard around the world”, the Norwegian central bank has proposed selling off its $35bn oil and gas stocks and diversifying the world’s largest sovereign wealth fund
It’s over, but it’s a whole new beginning!
Over the last 10 days the Global Divestment Mobilisation saw thousands of us all across the world take powerful action to help stop the climate crisis. Take a minute to watch this beautiful video and feel the people power we have on our side.