Without bold action to keep 80% of fossil fuels in the ground, a changing climate will have devastating consequences for people, societies and ecosystems around the world. Sufficient action presents an existential challenge to the business model of the fossil fuel industry, and until we overcome the power and might of their lobby, the necessary action is being stalled.
Divestment let’s us challenge the might of the fossil fuel industry and show widespread support for action on climate change. It allows us to unpack the myth that fossil fuels equal prosperity, and through positive reinvestment we can talk about the future we want to see, and start getting support behind it.
There are strong moral and financial reasons for organisations to divest from fossil fuels. Divestment is an opportunity for organisations to align their investments with their values and show leadership on climate action.