The climate crisis is being funded
Thankfully, local campaigns have their eye on the money. In this Fossil Free News, we look at brilliant organizing going on right now to put an end to fossil fuel finance.
Fossil Free News #19: A clean break from coal
Activists block HSBC bank’s AGM, Nedbank drops coal in Africa, and more recent stories
Major milestone: 1000+ divestment commitments
In less than 5 years, the global fossil fuel divestment movement has won over 1000 commitments worth nearly $8trillion from institutions ranging from universities and banks, to the world’s largest sovereign wealth funds and major capital cities.
New York State Pension $ 22 Billion Poorer By Not Divesting 10 Years Ago
Research firm Corporate Knights revealed that the pension fund would be $22 billion richer had it divested from fossil fuel stocks in 2008. That’s almost $20,000 for of each of the pension fund’s 1.1 million members & retirees. It’s time to #DivestNY
Global Fossil Fuel Divestment Movement Reaches $6.24 Trillion in Assets Under Management
Since its launch by students as a call to climate action in 2011, the fossil fuel divestment campaign has become…