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Fossil fuel divestment movement grows by 120 times in four years

by Futures Centre, Sep 17
1 minute read

A new report by the “Global Fossil Fuel Divestment and Clean Energy Investment Movement” compiled by Araba Advisors has found that close to 1000 institutional investors with $6.24 trillion in assets have committed to divest from fossil fuels. This is up from $52 billion in 2014, representing a 120-fold increase in just four years. Notably developments this year include divestment from the city of New York and the state of Ireland.

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