May 15, 2017

Global Mobilisation Expands Divestment Worldwide

Fast-growing divestment movement increases pressure to break ties with fossil fuel companies causing climate change

WORLDWIDE — Thousands of people participated in over 260 events in 45 countries to put pressure on institutions to break their financial ties with fossil fuel companies, during the Global Divestment Mobilisation which ran from 5th to 13th May. The divestment movement, which has started in North America, Australia and Europe is now spreading in Asia, Latin America and Africa.

Nicolò Wojewoda, Europe Team Leader said:

“While governments keep dragging their feet, people from all walks of life stepping up and demonstrating real climate leadership. The divestment movement is now a global force that poses an ever growing challenge to the power of the companies that are the most responsible for causing climate change: the fossil fuel industry.”

Danielle Paffard, UK Divestment Campaigner said:

“Weeks out from a general election, people everywhere are rallying against the political power of the fossil fuel industry. They’ve been pushing institutions to show leadership towards a clean, sustainable future for all, where politicians aren’t acting fast enough.”

During the Global Divestment Mobilisation, events spanning six continents challenged municipalities, faith, health and cultural institutions, universities, pension funds and banks to divest from fossil fuels.

Over 700 institutions across 76 countries with assets of more than US$5.5 trillion have so far committed to pull investments out of fossil fuels. In the face of unprecedented climate impacts, divestment aims to undermine the power of the fossil fuel industry as the main driver of the climate crisis.


CONTACT: Danielle Paffard, UK Divestment Campaigner,, +44 (0) 7979817888

PHOTO AND VIDEO: An editor’s choice selection of photos from around the world is available here. Additional photos are available here.

UK photos are available here.

Video footage available here.


QUOTE SHEET: Please find quotes from divestment organisers and leading voices of the climate movement from around the globe here.


NOTES TO EDITORS: You will find additional information including answers to frequently asked questions and media contacts for each of the actions in the Global Divestment Mobilisation media pack.

A detailed overview of divestment commitments to date can be found here.