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Divestment Updates

Academics call on Copenhagen University to divest

Over 70 professors and staff from the University of Copenhagen (UCPH) have called on the institution’s board to go Fossil Free.  It is understood that a decision on whether to pursue a fossil free investment strategy or to invest in the oil, gas and coal companies responsible for driving climate change will be made when (More...)

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Four German states already planning divestment. Saxony-Anhalt and Bremen could follow soon.

Article translated from the original by Tine Langkamp After three years of divestment campaigning in Germany we’ve seen remarkable growth of the movement and some strong wins. The cities Münster and Stuttgart have been the first cities to divest and ditch fossil fuels from their pension funds. The Protestant Church Hessen-Nassau was the first religious (More...)

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Divest Nobel campaign launched

Kampanjarna, uppklädda som servitörer, bjöd press och andra besökare på olja i champagneglas och påminde om att Nobel fortfarande investerar fossilt. Nobelpriset gör stor nytta genom att hylla och prisa mänsklighetens framsteg, och då rimmar det illa med att investera i företag som eldar på klimatförändringarna. (More...)

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Danish banks now offer Fossil Free investment funds

A year ago, Roskilde became the first Danish municipality to commit to divestment. However, a democratic decision in the city council was not enough to ensure divestment from fossil fuel companies. The banks in Denmark simply refused to offer investment funds that excluded fossil fuel companies which obstructed Roskilde’s implementation of its divestment policy. After (More...)

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Fellowship Stories: Building Resilient Communities In Fairbanks, AK

As a part of the Fossil Free Fellowship, divestment leaders Kengo Nagaoka and Tristan Glowa returned home to Fairbanks, Alaska to send the summer working with the Fairbanks Climate Action Coalition. Today Alaska is in a moment of crisis. As the Arctic warms twice as fast as the rest of the world, wildfires, melting permafrost, (More...)


The New 200

They did it again! The smart people at Fossil Free Indexes published the new 2016 Top 200 fossil fuel companies by size of reserves — click The Carbon Underground 200. This is the list used by most divestment campaigns as the point of departure for the discussion of how to define fossil fuels when considering (More...)


Stuttgart pulls out of fossil fuels

Stuttgart, capital of the federal state of Baden-Württemberg in the southwest of Germany, decided today to pull its funds out of fossil fuels in response to the mounting threat of climate change. The new investment criteria will see the city drop about 75 Stoxx-Europe listed companies engaging in coal, oil and unconventional gas or fracking (More...)

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Perceptions of Failure: Lessons from the Fossil Free Europe 2016 Gathering

In the 1980s, an activist and scholar called Bill Moyers created a tool called the Movement Action Plan or MAP. MAP lays out the eight stages of the process of social movement success, ranging from the status quo to eventual victory and mainstream acceptance. The Movement Action Plan has been used by activists for almost (More...)

Amsterdam puts pressure on Dutch pension fund to stop investments in fossil fuels

The mayor of Amsterdam put pressure on the Dutch pension fund ABP to pull its investments out of coal, oil and gas companies over concerns about irreversible climate change. In a letter to the board of the world’s fifth-largest pension fund, which manages the pension savings of municipal employees in the Netherlands, mayor Eberhard van (More...)

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Berlin votes to divest

Berlin’s parliament has just voted to divest from oil, coal and gas companies.  Today Berlin joins other European capitals like Stockholm, Paris, Copenhagen and Oslo in making a powerful, public rejection of the fossil fuel industry. The Berlin House of Representatives decided to blacklist investments in companies that are incompatible with the German capital’s goal of (More...)

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