Climate action was prominent on the agenda of the 2015 World Economic Forum in Davos, Switzerland. Presentations by UN Secretary General Ban Ki-moon, World Bank president Jim Yong Kim, UK climate advisor and economist Lord Stern, and former US Vice-President Al Gore highlighted the significance of action on carbon emissions and […]
Rolling Stone magazine knows it’s time to break up with fossil fuels, as Tim Dickinson explains in his January 2015 article The Logic of Divestment: Why We Have to Kiss Off Big Carbon Now. “As climate-change activists pressure public institutions to dump their fossil-fuel investments, it’s becoming increasingly clear that the right thing […]
Faculty support is essential for moving campus divestment campaigns forward. We have compiled a list of universities that spans Canada, the US, the UK and New Zealand where the faculty have been urging their universities to divest from fossil fuels, in letters to their administration and governing boards. To read […]
To celebrate Global Divestment Day and Valentine’s Day, Divest Waterloo is hosting a letter writing contest, in collaboration with Alternatives Journal (A\J) and CREW-WR. Write a love letter to renewables or a break-up letter to fossil fuels (or both) and discover why so many people are falling in love with Divestment. Have some […]
Prominent Stanford faculty call on the university’s endowment fund to pull out of all fossil fuel investments, not just coal. Last May Stanford, which controls a $21.4bn endowment, eliminated direct investments in coal mining companies, making it the most prominent university to cut its ties to industries that cause climate […]
Strong financial logic as well as a deep concern for environmental stewardship has led the Catherine Donnelly Foundation to divest. According to this article in the Vancouver Observer, while the Foundation has used an engagement approach in the past, their board determined that a “business as usual” approach is not sustainable. This […]
What do Jean Charest, Preston Manning, Paul Martin and Bob Rae all have in common? They are all members of the advisory board of Canada’s new Ecofiscal Commission . In their inaugural report, Smart, Practical, Possible: Canadian options for greater economic and environmental prosperity, the group said fees and taxes and […]
The ubiquitous use of fossil fuels is the primary systemic risk to the long-term well-being of the global economy and civilization. If you own fossil fuels, even indirectly through your investments, you own global warming. It’s time to stop investing in fossil fuels! The financial case for divestment is […]
In this excerpt from a recent article in Maclean’s, Chris Ragan, from McGill University demonstrates how BC’s revenue-neutral carbon pricing policy has been successful in reducing fossil fuel use. “Most Canadians agree that we should not have to sacrifice our economy for our environment, or vice versa. Examples like […]
A new report from Sustainable Prosperity confirms that 2014 was a breakthrough year for green/climate bonds, both globally and in Canada. Watch Alex Wood – Senior Director, Policy and Markets, Sustainable Prosperity – discuss this on The Exchange with Amanda Lang.
