Copenhagen to Divest From Fossil Fuels

Copenhagen‘s mayor announced plans to shed coal, oil and gas from the city’s 6.9bn kroner ($1.1 billion) investment fund.

This will make Copenhagen the country’s first investment fund to divest. The proposal is widely expected to be approved at a finance committee meeting next Tuesday. There is no decision yet on where the city would reinvest its funds.

BREAKING: Copenhagen’s city council has just agreed to #divest its 6.9bn kroner investment fund from fossil fuels.

— 350 Europe (@350Europe) April 28, 2016

For a deeper dive: Guardian

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