Municipality

Final action-packed weekend of Global Divestment Mobilisation

For the 9th consecutive day, people all over the world are coming together today to take action and demand fossil fuel divestment from their banks, cities, museums, pension fund, universities and other institutions. Asia kicks off the weekend: In Tokyo, Japan, campaigners organised the Earth Choice Festa : Our Choices and Climate Change.  Using art, (More...)

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The Global Divestment Mobilisation is LIVE

After months of preparation, the Global Divestment Mobilisation launches today.  From 5-13 May, thousands of people worldwide are intensifying their demands for institutions to divest from the companies most responsible for causing climate change. Regressive politics is on the rise and rumours are circulating again that Trump is about to pull the US out of (More...)

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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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Mayor wants to rid Copenhagen of ‘totally wrong’ investments in coal, oil and gas

Yesterday, Copenhagen’s finance committee agreed to move forward on a proposal by the mayor to divest the fossil fuel holdings of the city’s 6.9bn kroner (€920m) investment fund. Detailed proposals for implementation will now be developed and taken to Copenhagen Council for final decision. Mayor Frank Jensen told the Danish newspaper Dagbladet Information: “Copenhagen is (More...)

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In the space of just 10 weeks…

The divestment movement has been gathering pace and building momentum ahead of the climate summit in Paris, where we announced today that more than 500 institutions representing over $3.4 trillion in assets have made some form of divestment commitment. On 21st September, we were at 400 institutions representing $2.6 trillion under management. In the past (More...)

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Uppsala divests, throws down the gauntlet to other cities

Uppsala just became the largest city in Sweden so far to commit to divest itself from fossil fuels, after the city council voted to ban investments in coal, oil and gas.  The move is designed to bring the city’s financial policies in line with its policies to reduce carbon emissions. Following in the footsteps of Örebro, Sweden’s fourth largest (More...)

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The community divestment movement is growing in places you never would’ve expected

On the first ever Global Divestment Day, the campaigns we know well were joined by thousands of new divestment supporters around the world who stepped out into the streets and plazas of their communities for the first time. These community divestment campaigns call on local governments, pension funds, or religious institutions to make their investments fossil (More...)

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