Ireland has voted to become the first country to fully divest all public money from fossil fuels. The Irish Parliament passed the legislation with 90 to 53 in favour of removing coal, oil and gas from the £6.8bn Ireland Strategic Investment Fund. The bill is likely to pass into law in the next few months after it has been reviewed by the financial committee.
Ireland to become first country to divest from fossil fuels
Details
- Topic: Climate changeEnergyFinanceGovernance & politicsSociety & citizens
- Other Tags: 1.5ºC ChallengeCarbonCitizens and CommunitiesDivestmentEnergy