2016 has been a tough year. Devastating climate impacts and the reality of a dangerous, anti-climate federal government means holding onto hope is more important than ever — so let’s take a momemt to recognize our movement’s successes and learn from our victories.
A new report released today with our friends at Divest-Invest shows that the divestment movement doubled in size since 2015. 688 institutions across 76 countries who represent more than $5 trillion worth of assets have committed to divest!
And there’s more good news: New York’s American Museum of Natural History, one of the world’s most respected science museums, just slashed fossil fuel investments from its $650 million endowment.
This is big! Today’s news shows just how powerful divestment continues to be in the resistance against a rogue fossil fuel industry, and in shining a light on its devastating impacts. In times like these, it’s important to take a moment to reflect on what the divestment movement has been doing right.
- We are organizing for the long haul: It’s more important than ever to organize our communities and grow our movement from the grassroots up. The fossil fuel divestment movement has always believed that it will take more than just governments to address climate change, and that remains as true as ever.
- We are powerful: The fossil fuel industry is fighting for its life against a growing climate movement. 688 institutions including faith groups, cultural institutions, pension funds, and universities have committed to divest from fossil fuels, and resistance to fossil fuel projects is taking root all over the world. This is what happens when we organize and fight, and we must continue to fight.
- We are keeping the pressure on: In the face of a dangerous and anti-climate federal government and intensifying climate impacts, it’s more crucial than ever to push our institutions — especially locally — to step into their leadership and fight with our communities for climate justice.
The announcement today shows just how far the divestment movement has come. Share this exciting news to show that our movement is strong and we will not back down.
Our work is not over, and there are many more challenges ahead. But the fossil fuel industry is weaker than it’s ever been and we remain strong on the side of climate justice.
Katie for 350.org