Trillions Of Dollars Committed To Fossil Fuel Divestment - CleanTechnica

The article from CleanTechnica highlights the significant global movement toward fossil fuel divestment, with over 1,660 institutions collectively managing $40.76 trillion in assets committed to reducing or eliminating investments in fossil fuels. These institutions span various sectors, including education, faith, health, government, and private organizations. The divestment effort is driven by both financial and ethical considerations: fossil fuel investments have underperformed over the past decade due to sector volatility, and fossil fuels are the primary contributors to climate change and related environmental disasters. Stand.earth, a global advocacy organization featured in the article, plays a key role in promoting fossil fuel divestment by challenging corporations and governments to adopt climate-safe and equitable policies. Their mission focuses on fostering environmental and climate justice at a scale commensurate with the global crisis. The organization encourages continued momentum in divestment as a form of accessible climate action aimed at building a sustainable economy that benefits all people, not just wealthy elites. Additionally, individuals are