On June 12, 2019, the Norwegian Parliament has voted in favor of the government’s proposal to tighten the coal exclusion criteria of Norway’s Government Pension Fund Global (GPFG), Europe’s largest sovereign wealth fund. The decision followed a longstanding campaign by Urgewald an Norwegian partners. According to research by Urgewald and Framtiden i våre hender (FIVH), this affects 8 coal companies that will be divested. The NGOs estimate the volume of the new divestment action to total €5.1 billion. The Pension Fund has now adopted 2 of the 3 coal exclusion criteria Urgewald put forward in 2015.