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Time for a fair phase out of fossil fuels

Corporate Knights

Divestment from fossil fuels is accelerating around the world. Besides dozens of universities (including Harvard and the University of Toronto), the divestment list now includes France’s Banque Postale, the State of New York, and Europe’s largest pension, ABP. The markets alone cannot ensure this happens in a fast and equitable way.

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Engagement with Consequences

Chris Hall

Over the past decade, many asset owners have made divestments out of fossil fuels. In fact, the total value of the institutions divesting is estimated to be US$40.5 trillion, according to data provided by the Global Fossil Fuel Divestment Commitments Database.

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EU Policy, Investments Must Drive Energy Efficiency in Buildings

Chris Hall

billion Recovery and Resilience Facility (RRF) , which has dedicated 37% of its funds to climate-related expenditure between 2021-27, but the rest must come from investors, Moody’s said. . Do they divest so the poorly performing assets are no longer on their books? Part of this investment will be met by the EU’s €672.5

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The Energy Trilemma: Affordability, Security and Climate

Chris Hall

Subsidies for the production and consumption of coal, oil and natural gas was already increasing in 2021 before the invasion of Ukraine. Yet, as the latest United Nations Environment Programme’s (UNEP) annual gap report shows, policies currently in place point to a 2.8°C

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