LONDON — The Guardian newspaper said it would stop accepting advertisements from oil and gas companies, making it the latest institution to limit financial ties to fossil fuel businesses.

The announcement, the first of its kind for a British newspaper, highlights how the risk of climate change is increasingly recognized and discussed in the business world, just days after the subject took center stage at the World Economic Forum in Davos, Switzerland.

“Our decision is based on the decades-long efforts by many in that industry to prevent meaningful climate action by governments around the world,” said Anna Bateson, the acting chief executive, and Hamish Nicklin, the chief revenue officer, in a statement on Wednesday.

The newspaper said in October that it would stop referring to “climate change” and use a term like “climate emergency” or “climate crisis” instead. “We need to tackle it now, and every day matters,” Katharine Viner, the editor in chief, said at the time.