About: divestment

French insurance companies to divest from German top utility RWE     

Following the move by major European insurers Allianz, AXA, Generali and SCOR, the two French insurance companies Macif and AG2R La Mondiale will no longer invest in companies planning new coal-fired power plants. Germany’s top utility RWE is among the companies most affected by the new decision.
Energy 17-11-2017

World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. EURACTIV's media partner The Guardian reports.
Climate change 03-10-2017

‘Thou shalt not burn coal’: Catholic institutions abandon fossil fuels en masse

Forty Catholic institutions from across the world will pull money out of fossil fuels this week, in the biggest single divestment made by religious institutions, including banks, universities and even the Italian town where Saint Francis of Assisi was born.
Elections 20-10-2016

Bütikofer: Green parties ‘are not so limited in our reach as we once were!’

Pan-European polls do not paint a pleasant picture for the continent's green parties: if elections were to be held today, they would only win a quarter of the 50 seats they currently hold in the European Parliament. EURACTIV.de spoke with European Green MEP Reinhard Bütikofer about the issue.
Climate change 20-05-2016

Fossil fuel industry: Divest or be divested

April marked the twelfth month in a row where a new global temperature record has been set. May has also broken records: thousands of climate activists all over the world called for an end to fossil fuels during the global “Break Free Week”, write Reinhard Bütikofer and Marjan Minnesma.
Climate change 15-04-2016

UN climate chief: Paris Agreement could take effect ahead of schedule

The UN's soon-to-depart climate chief has said that the Paris climate change pact agreed last December could come into force two years earlier than the originally planned date of 2020. EURACTIV’s partner edie.net reports.
Energy 03-12-2015

Dependence on coal jeopardises climate targets

Decarbonisation is the name of the game in this day and age; now a new study has shown how it should actually be implemented. EURACTIV's partner Tagesspiegel reports.
Climate change 02-12-2015

European banks clinging to coal investments

Europe’s big banks have failed to significantly cut their investments in coal in the five years between the UN climate conferences of Copenhagen and Paris. EURACTIV France reports
Climate change 26-11-2015

French and German companies pledge massive coal divestment

Major European financial institutions, including the world's largest insurer, have this week pledged to reduce their exposure to coal investments and transition towards clean energy. EURACTIV's partner edie.net reports.

Fossil fuel divestment still only at ‘symbolic’ level

Almost 400 institutions have signed up to the global fossil fuel divestment campaign since 2012, but an NGO report has warned that their commitments are not enough to make a real difference. Journal de l'Environnement reports