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		</div><p>Ten cities around the world have joined New York and London in committing to divest from fossil fuel companies as part of efforts to combat climate change.</p>
<p>Berlin, Cape Town, Los Angeles, New Orleans, Oslo and others pledged to take “all possible steps to divest city assets from fossil fuel companies and (increase) financial investments in climate solutions”.</p>
<p>The cities — which also include Bristol, Durban, Milan, Pittsburgh and Vancouver — have a total of 36 million residents.</p>
<p>They said they will ensure that pension funds and other public money will be invested in “a green and just recovery from Covid-19″.</p>
<p>Environmental campaigners and senior officials such as UN secretary-general Antonio Guterres have warned that trillions being spent by governments to stimulate pandemic-wracked economies should not be used to subsidise fossil fuel companies, which could jeopardise efforts to tackle another global crisis: climate change.</p>
<p>Berlin mayor Michael Mueller expressed hope that the cities’ decision to pull out of “climate-damaging and ethically problematic investment strategies” would send a political signal to other investors to do the same.</p>
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