Divestment

'Only the Beginning': Citing Climate and Investment Risks, NY State Pension Fund to Ditch Tar Sands

"Kudos to Tom DiNapoli for making it clear that you can't build your retirement on tar sands."

Andrea Germanos · Apr 12, 2021

NYC Pension Funds Set 'New Bar for Climate Finance Action' With Approval of $4 Billion Fossil Fuel Divestment

Jessica Corbett · Jan 26, 2021

Major Victory as $226 Billion New York Pension Fund Announces Largest Fossil Fuel Divestment of Its Kind

Julia Conley · Dec 9, 2020

Putting 'Its Money Where Its Brains Are,' Cambridge Announces Historic Fossil Fuel Divestment of £3.5 Billion Endowment

Jessica Corbett · Oct 1, 2020

Mayors of 12 Major Global Cities Home to 36 Million People Make Unified Fossil Fuel Divestment Pledge

Jessica Corbett · Sep 22, 2020

To 'Build Back Better,' We Must Ditch Public Financing of Fossil Fuels

An open letter to Emmanuel Macron and Rémy Rioux on the existential dangers of continued funding of coal, oil, and gas.

Hindou Oumarou Ibrahim · Jul 6, 2020

The Language of 'Brown Finance' in Climate Finance is Racist

If you cannot hear the problem with the term "brown finance" yourself, please let me explain.

Rev. Lennox Yearwood Jr. · Jun 26, 2020

New Vatican Document Urges Fossil Fuel Divestment to Serve Planet and the Common Good

"The Vatican's call for divestment is a breath of hope in times when faith is more needed than ever," said 350.org co-founder Bill McKibben. "It is a powerful statement that attempting to profit off the destruction of the planet is plainly and simply immoral and unethical."

Jon Queally · Jun 18, 2020

Caring About the Climate Crisis Means Supporting the Demand to Defund the Police

As anger rages across the country at the brutal killings of black and brown people, the climate movement must join the call to divest from the police and invest in communities.

Alec Connon · Jun 4, 2020

Why $77 Billion a Year in Public Finance for Oil, Gas, and Coal Is Even Worse Than It Sounds

Right after the mostly-rich and powerful G2O countries signed the Paris Agreement with the goal of limiting global warming to 1.5ºC, they went home and continued with the business-as-usual public finance policies that directly undermined this goal.

Bronwen Tucker · May 27, 2020

In the Fight to Curtail the Climate Crisis, the Earth Just Moved a Little

Nearly half of Chase’s owners have demanded to know how the bank plans to align its business model with the Paris Agreement. On the surface, that probably doesn’t sound like an earthquake. But it’s quietly seismic.

Alec Connon · May 20, 2020

'Something Big Is Shifting': As Georgetown Announces Fossil Fuel Divestment, Students Across US Demand Their Schools Follow Suit

The decision came after 90% of students who voted on a referendum voted in favor of divestment.

Julia Conley · Feb 8, 2020

Divestment Fever Spreads as 'Eco Radicals at Goldman Sachs' Downgrade Exxon Stock to 'Sell' Status

"The best reason to divest fossil fuel stock is that you'd like to help preserve a livable planet. Another reason is so that you won't lose your money."

Julia Conley · Feb 3, 2020