fossil fuels

Climate-Proofing Retirement Funds: first thoughts

We held our first-ever ‘Climate-Proofing Retirement Funds’ events in Cape Town and Johannesburg this week, focused on asset owners, particularly retirement fund boards. We were honoured to host Fiona Reynolds, CEO of the UN-supported Principles for Responsible Investment, as a keynote speaker at both events. LINK TO ALL PRESENTATION VIDEOS Our Johannesburg event was 80% …

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World’s biggest sovereign wealth fund ditching $13 bn of fossil fuels, remains invested in planetary death machines

The Norwegian Government Pension Fund Global, which is part of the world’s largest sovereign wealth fund managing $tn in assets, has dropped $13 billion in fossil fuel investments, the largest single divestment to date. Read the full story at the Guardian.  The fund will also move to begin investing directly in so-called ‘unlisted infrastructure’, renewable …

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Spotlight 22 August: Makoma Lekalakala calls for an end to investments in polluting industries to assure future jobs, food and water

You can view Makoma’s Facebook post here. Makoma Lekalakala is a grassroots activist, director of @Earthlife_JHB and a 2018 Goldman Environmental Prize Recipient. Join her in acting for the climate and a better future for us all! All you have to do is sign our petition today https://t.co/n2xQMKdkWK #DivestNow pic.twitter.com/BbjAmo1J27 — Fossil Free SA (@FossilFreeSA) …

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Spotlight 15 August: Robyn Hugo of CER wants a healthier, more just and prosperous South Africa free of dirty energy.

You’ll find our Facebook post about Robyn here. View this post on Instagram Are you ready to put a stop to the fossil fuels that make people sick, poison and over-heat our planet, and hold back investment in sustainable alternatives? Then join Robyn from Centre for Environmental Rights in signing our petition to ask SA’s …

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Spotlight 25 July: Bishop Geoff Davies is calling for a secure, fossil fuel-free future in SA

To promote our Amandla.mobi petition calling on South African asset managers to support fossil fuel-free funds, we’ve launched a social media campaign on Facebook, Twitter and Instagram spotlighting some of the people and organisations that support this call. Wednesday’s posts featured Bishop Geoff Davies of the Anglican Church and Southern African Faith Communities Environment Institute. …

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New research on the financial impacts of fossil fuel divestment

Our partners in 350 have shared some recent research on the financial impacts of fossil fuel divestment with us (thesis PDF,thesis summary PPT). This research was undertaken by Alison Shulz of the University of Kassel, Germany. It should be noted that the primary focus of the divestment-reinvestment campaign is on social impacts: discrediting the fossil fuel industry …

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Fossil Free UCT campaign submits testimony on divestment to the UCT Institutional Reconciliation and Transformation Commission

The aims of the UCT Institutional Reconciliation and Transformation Commission (IRTC) include making ‘recommendations on institutional culture, transformation, decolonisation, discrimination, identity, disability and any other matters that the university community has raised over the past 18 months, or may wish to raise in the future.’ In the light of this mandate of the IRTC, we …

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Divest Fest!

Our team is about to hit Rocking the Daisies, and this is what we’ll be asking festival-goers to do for the divestment cause –  here we list five quick ways you can take action right now to push South Africa towards a more safe and prosperous future and away from the deadly fossil fuels – coal, …

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Cape Town to divest!

The City of Cape Town has committed to divesting from fossil fuels! Tucked away in a recent statement about the City’s green bonds, Mayor Patricia de Lille added: I am taking this a step further and I have informed our Finance Directorate that we are going to divest from fossil fuel assets and companies in …

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