Fossil Fuel Divestment

Fossil fuel divestment is the process of withdrawing investments from companies that extract fossil fuels like coal, oil, and natural gas. This movement aims to reduce the financial support for industries contributing to climate change and promote a transition to renewable energy sources. Individuals, organizations, and institutions, such as universities and pension funds, participate in divestment to align their financial practices with environmental and social values. The hope is that by reducing capital for fossil fuels, it will discourage further exploration and extraction, ultimately helping to mitigate climate change and support a sustainable future.