The watershed moment for fossil fuel divestment came in September 2014 when the Rockefeller Brothers Fund announced it would be taking its investments out of dirty energy, all $640 million of it.
They certainly weren’t the first big player to divest. Hundreds of institutions, local government, and individuals representing over $50 billion have made similar pledges. But the symbolism of the move, from a family that had made their fortune on oil, was undeniable.
Since then, the fossil divestment movement has been gathering momentum and on February 13-14, advocates will celebrate Global Divestment Day. Want to move your money to a clean future? Here’s how.
Divest your school/alma mater: You’ll find the heart of the divestment movement on college campuses. For years, students have been organizing and pressuring school trustees to divest endowment funds. Chances are your alma mater already has a campaign going. Search for it here and join in.
Divest your place of worship: In July 2014, the World Council of Churches, representing nearly 600 million people worldwide, announced their decision to divest. Churches worldwide have joined them. Get your fellow congregants together to talk about divestment. Here’s a sample resolution to get you started.
Invest in a clean future: Also known as social entrepreneurship, impact investing puts portfolios to work for the common good. Everything from crowdfunding to social impact bonds to mutual funds can benefit people and the environment. You can even use your savings and checking accounts for a better world! Check out Green America’s guide to social investing to get started.
Tell your friends: You’ll make an even bigger impact by letting others know about your decision to divest. Post of photo on social media on Global Divestment Day, join a rally, write an op-ed, or host a party. Go Fossil Free has lots of great ideas for action.
Tackling Climate Change: A Smart Investment, EarthShare
Green Tips: Sustainable Investing, EarthShare
Go Fossil Free, Green America