New York City’s biggest annuity reserves have casted a ballot to strip their arrangement of an expected $4 billion from securities identified with non-renewable energy source companies, Mayor Bill de Blasio, Comptroller Scott Stringer, and trustees of two of the city’s benefits reserves said.

“The New York City Employees’ Retirement System (NYCERS) and New York City Teachers’ Retirement System (TRS) casted a ballot to affirm divestments today and the New York City Board of Education Retirement System (BERS) is required to push ahead on a divestment vote inescapably,” they said in an explanation on Monday.

In September 2018, the mayor and controller mutually declared an objective of multiplying the annuity finances’ interests in climate solutions from 1 percent to 2 percent, or about $4 billion inside 3 years.