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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Jocelyn Timperley

View profile
More from Jocelyn Timperley

How greenhouses run on solar power and seawater could turn agriculture on its head

Meet the smart bin technology helping kitchens slash food waste

More on Investment

Barclays' Climate Ventures arm catalyses £500m in five years for global clean tech
Investment

Barclays' Climate Ventures arm catalyses £500m in five years for global clean tech

Banking giant claims its climate tech venture capital arm has invested over £200m to date worldwide, while unlocking over £300m from co-investors

BusinessGreen staff
BusinessGreen staff
clock 02 June 2025 • 3 min read
BSI: Sustainable investment funds guidelines aim to put 'meat on the bones of SDR'
Investment

BSI: Sustainable investment funds guidelines aim to put 'meat on the bones of SDR'

British Standards Institution claims its new standard aims to strengthen the integrity of sustainable investments in addition to increasing transparency and best practices

Cristian Angeloni
Cristian Angeloni
clock 29 May 2025 • 3 min read
Revenues for Nature: GFI backs investment initiatives designed to unlock $200m for nature restoration
Investment

Revenues for Nature: GFI backs investment initiatives designed to unlock $200m for nature restoration

Green Finance Institute announces first cohort of seven partners and initiatives to receive support for development and scaling through its Revenues for Nature scheme

Michael Holder
Michael Holder
clock 29 May 2025 • 3 min read