EventSix institutional investors worth more than €1 trillion called on the EU to preserve its current ban on new fossil‑fuel exploration north of the Arctic Circle as the bloc updates its Arctic strategy. The move aims to safeguard Arctic ecosystems and align with climate goals.
European investors urge the European Union to preserve its ban on new fossil‑fuel exploration north of the Arctic Circle, as part of a revision of the EU’s Arctic strategy that currently keeps oil and gas drilling frozen.
Six institutional investors with over €1 trillion in assets are urging the EU to maintain opposition to Arctic oil and gas expansion amid policy revisions.
Six institutional investors joined a call to urge the European Union to continue opposing further oil and gas drilling in the Arctic.
