The Danish National Bank has recently published new calculations of the sector's financed emissions that put the climate footprint of investments in listed companies at 100 million tonnes of CO2e— more than double the amount of the national footprint. Still, there is no green political strategy for the financial sector. In this roadmap, we present 11 recommendations for political action that the Danish Parliament can take to reduce the massive climate footprint of Denmark's financial sector.

Danske Bank will divest from 1730 out of 1900 fossil fuel companies. That is the direct consequence of the bank’s new fossil fuel policy, which sets strict exclusion criteria on upstream oil and gas expansion for its asset management and pension fund. Danske Bank is Denmark’s largest and among the world’s largest 60 banks. The new fossil fuel policy will make Danske Bank one of the international climate leaders in the financial sector, setting an example for other banks and pensions fund to follow.