That’s the best way to ensure a brighter future for both people and planet.” “The divestment movement is modeling what governments need to be doing: withdrawing funds from the problem and investing in solution.

“Divestment serves as a key tool in moving the world beyond fossil fuels and towards renewable energy,” said Payal Parekh, 350.org Global Managing Director. Organizers see divestment as a key strategy in the lead up to next year’s UN Climate Talks in Paris, as well. The Global Divestment Day will build on momentum from last September’s People’s Climate March, which brought together over 400,000 people in the streets of New York City and hundreds of thousands more around the world. According to a study by Oxford University, the fossil fuel divestment movement is growing faster than any previous divestment campaign in history and presents a far reaching threat to the fossil fuel industry’s bottom-line.

Thus far, 181 institutions and local governments alongside thousands of individuals representing over $50 billion in assets have pledged to divest from fossil fuels. We know that fossil fuels are the past and clean energy is the future.” “From the United States to Germany, from South Africa to the Pacific Islands, people are standing up and challenging the power of the fossil fuel industry. “The fossil fuel divestment movement has grown quickly over the last two years–now it’s going global,” said May Boeve, Executive Director of 350.org. GLOBAL - Today the Fossil Free campaign, which has spearheaded the movement to divest from fossil fuels since it began in 2012, launched “ Global Divestment Day,” a worldwide day of action beginning on February 13th.

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