Divestment

The following resources about fossil fuel divestment were prepared by our partner @SriEvent. Check out @SriEvent website for more resources, news, #LiveTweeting, and more.

Origins and Milestones of Divestment

Unburnable Carbon: Are the World’s Financial Markets Carrying a Carbon Bubble? -The original report released in 2011 by Carbon Tracker that codified the concepts of "stranded assets" and "carbon bubble" from which the fossil fuel divestment movement and campaign started

Global Warming’s Terrifying New Math - This article by Bill McKibben published on Rollingstone.com in 2012 triggered the fossil fuel divestment movement and campaign first in US college campuses and then across the world

Laudato si' encyclical letter (in particular: par.26, par.165) - Pope Francis' so-called "green" encyclical that stressed the urgent need to progressively phase out fossil fuels and inspired the Catholic world to act on climate through divestment

Fossil Fuel Divestment Act - The law that in 2016 made Ireland the first country in the world to divest from fossil fuels

LD99 - An Act To Require the State To Divest Itself of Assets Invested in the Fossil Fuel Industry - The law that in 2021 made the Main State the first in the US to divest from fossil fuels

Harvard Will Move to Divest its Endowment from Fossil Fuels - The moment Harvard University, the richest on earth, in 2021 committed to divest from fossil fuels in practice after a decade of resistance to one of the longest, strongest and most iconic divestment campaigns in the world, carried out by its students

Data

Invest-Divest 2021 report - A decade of progress towards a just climate future (released October 26, 2021)

Divestment Database - The database of fossil fuel divestment commitments made by institutions worldwide

Organizations and Coalitions

350.org - This US-based non-profit, climate activist organization was co-founded by Bill McKibben and represents the heart of the fossil fuel divestment movement and campaign ("350" stands for 350 parts per million, which is the concentration of carbon dioxide in the atmosphere considered safe by scientists)

Laudato si' Movement - Formerly the Global Catholic Climate Movement. They have a great section on Divestment. This is a coalition of Catholic institutions and organizations from across the world committed to acting on climate, being inspired by Pope Francis' encyclical Laudato si', which is linked above

DivestInvest - A global network of organizations committed to divest from fossil fuels and (re)invest in climate solutions in order to tackle the climate crisis

Other Related Initiatives

The Fossil fuel Non-proliferation Treaty - A global initiative launched in 2020 to phase out fossil fuels and support a just transition through an internationally binding treaty modeled on the historical Treaty on the Non-Proliferation of Nuclear Weapons