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Ireland to become first country to end investments in fossil fuels

Photo: Artur Widak/NurPhoto via Getty Images

On Thursday, Ireland took a significant step towards becoming the first country in the world to divest from fossil fuels as part of an effort to help curb climate change, reports Reuters.

The details: Lawmakers in the lower house of parliament advanced a measure mandating the government to divest more than $10 billion of its investment funds in coal, oil, gas and peat within five years. The proposal will now head to the upper chamber where it’s expected to pass.