What is fossil fuel divestment?

Investing means buying stocks, bonds or other investments that can generate you income. Divestment means the opposite – getting rid of those stocks and bonds that you have invested in unethical or morally ambiguous activities.

In the past, divestment campaigns have been launched against industries such as tobacco and gambling, or against Apartheid in South Africa. 

Currently, a global movement is promoting divestment from fossil fuels, asking businesses, institutions and governments to move money out of companies extracting or supporting fossil fuels. Doing so could cause these industries significant damage (reputational and/or financial) and help reduce harmful emissions while supporting the transition to clean renewable energy – especially if investment is not only moved out of fossil fuels, but also into the green economy. 

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