A network of local governments, pension funds, faith organizations, philanthropies, and wealthy individuals representing $5.2 trillion in assets have committed to — and in some cases already started — divesting from fossil fuel companies, according to a report released on Monday.
That’s a huge sum of money for a movement that started just four years ago on U.S. college campuses and its growth is likely to continue as the world strives to reach its climate goals.
“It’s pretty clear that the growth trajectory is enormous,” said Ellen Dorsey, the executive director of the Wallace Global Fund.
Read more at Fossil Fuel Divestments Now Represent $5.2 Trillion
No comments:
Post a Comment