Stockholm divest from coal, oil and gas
After one-and-a-half years of citizen-led campaigning, Fossil Free Stockholm declare victory today as the Swedish capital joins cities around the world in withdrawing their funds from coal, oil and gas companies. The amendment of the city’s investment policy has led to the withdrawal of approximately 30 million SEK from fossil fuel companies. “Stockholm’s decision to divest from companies driving the climate crisis demonstrates that it’s no longer morally acceptable to invest in or support business as usual for the fossil fuel industry,” says Andrew Maunder who has campaigned with Fossil Free Stockholm for divestment for over a year. ….