The Oireachtas parliament has voted in support of fossil fuel divestment. We have to leave four fifths of known fossil fuel reserves in the ground. The Bill, the first of its kind, calls for the Committee Stage (ISIF) to divest its sovereign wealth fund from coal, oil, and gas. The ISIF is worth over €8bn ($ more than €8 billion ). The Bill, supported by 90 votes to 53 , will now go to the Irish Strategic Investment Fund .
The Oireachtas parliament has voted in support of fossil fuel divestment. The Bill, the first of its kind, calls for the Committee Stage (ISIF) to divest its sovereign wealth fund from coal, oil, and gas. The ISIF is worth over €8bn ($ more than €8 billion ). The Bill, supported by 90 votes to 53 , will now go to the Irish Strategic Investment Fund .