Today in Oslo – 44,000 petition signatures were delivered urging Norwegian politicians to divest their Global Pension Fund from fossil fuels, starting with companies mining and burning coal. Coal investments make up only 1.2% of the fund’s US$867bn investment portfolio, yet this is enough to make the fund one of the ten largest coal investors in the world.
This is about more than Norway though. This is about all the communities impacted by coal. The fund’s investments are not just numbers on a spreadsheet. Today during the petition delivery, messages from people around the world were projected onto screens.
Hopefully Norway will listen and choose a renewable future — for everyone.
UPDATE: Just hours after a coalition of groups delivered the signatures and a worldwide Twitterstorm to #DivestNorway, the Norwegian parliament issued a unanimous recommendation to divest its country’s sovereign wealth fund from the coal industry. >>