Two new South African divestment commitments

We're delighted to announce that another two South African institutions have committed to fossil fuel divestment. Two Catholic organisations, the Archdiocese of Cape Town and Catholic Welfare and Development (CWD), have made these commitments as part of a larger coalition of 40 faith institutions on five continents. As our partners 350.org note: This is a big …

July community update – SA’s first big climate change court case, and Disobedience

We held our second community update for 2017 at 75 Harrington Street on Wednesday 26 July, with around 25 guests attending. (75 Harrington is a community hub and co-working space in the heart of Cape Town; our thanks to Steve Harris and his team, our hosts. After we'd reiterated the basics of our divestment campaign, …

Kevin Coldrey: A personal South African divestment story

I am an economist by training and worked in the industry for almost a decade before making the decision to change career paths. I am currently furthering my studies, this time focusing on climate change and sustainable development. I hope to use my experience in the corporate sector to drive the change that is needed, …

May workshop for investors and fund managers: ‘Fossil fuel divestment: Fad, necessity or opportunity?’

Summary On 10 May 2017, Fossil Free South Africa convened a workshop for financial services professionals in Cape Town on fossil fuel divestment. The aim of the workshop was to build awareness of climate and carbon risk – and the divest-reinvest movement – amongst financial services professionals, and to catalyse the creation of divested funds …

#KnysnaFires and #Capestorm should make South Africans think twice about their savings/investments in fossil fuel companies

Cape Town, 8 June:– It's difficult to directly link individual extreme weather events like the Cape storm and Knysna fires to climate change. But ever-increasing extreme weather events like these – and the Cape Town drought – are very much what has been predicted by scientists studying climate change. Climate change is caused by global …

UCT’s divestment think tank

This is the summary of the UCT divestment think tank held on 15 May 2017 at Hlanganani Junction, UCT. Fossil fuel divestment in itself is a strong signal that will notify internal and external communities throughout all sectors, of serious engagement with the topic of responsible investment, future development and planning and transformative action. UCT …

Coal, oil and gas investments to be phased out, UCT Convocation votes

https://youtu.be/v56v5HwAHic 2 Mar 2017, Cape Town: On Tuesday 28 February, the Convocation of the University of Cape Town overwhelmingly passed a non-binding motion – read the minutes of the meeting (pdf) – for the university to rid itself of all investments in fossil fuels within five years. Should the university council agree to this motion, it would …

‘No jobs on a dead planet’

Why South African unions should stop investing in fossil fuels and lobby for a just, planned transition to a green economy. Briefing compiled by Fossil Free South Africa, February 2017. Contact: David Le Page, david@fossilfreesa.org.za / +27845220968. PDF version here More jobs: Yes, the fossil fuel industry creates jobs, but it also creates climate change, air …