m (Internal Links)
(Added Refs More to come)
Line 23: Line 23:
* Rockefeller Brothers Fund
* Rockefeller Brothers Fund
* Bill And Melinda Gates Foundation
* Bill And Melinda Gates Foundation
* Wallace Global Fund
* Wallace Global Fund <ref> [http://wgf.org/mission-investing/ Wallace Global Fund Mission Investing]</ref>
* SUNY New Paltz Foundation
* SUNY New Paltz Foundation
* The John Merck Fund
* The John Merck Fund
Line 29: Line 29:
* Russell Family Foundation
* Russell Family Foundation
* Ben and Jerry’s Foundation
* Ben and Jerry’s Foundation
* The Noya Fields Family Funds
* The Noya Fields Family Funds <ref> [http://www.noyafieldsfamily.org/press-releases/noya-fields-family-to-join-fossil-fuel-divestiture-movement/ Noya Fields Family Press Release On Fossil Fuel Divestiture]</ref>
* David Suzuki Foundation
* David Suzuki Foundation <ref> [https://www.straight.com/news/691011/david-suzuki-divest-damage-invest-healthier-future The Straight David Suzuki: Divest From Damage Invest In Healthier Future]</ref>
* Comart Foundation
* Comart Foundation
* The Catherine Donnelly Foundation
* The Catherine Donnelly Foundation
* The Park Foundation
* The Park Foundation <ref> [https://nonprofitquarterly.org/2014/01/31/17-foundations-divest-themselves-of-fossil-fuel-investments/ 17 Foundations Divest Themselves of Fossil Fuel Investments]</ref>
* The Ray C. Anderson Foundation
* The Ray C. Anderson Foundation
* The Lemelson Foundation
* The Lemelson Foundation <ref> [https://www.lemelson.org/resources/news/lemelson-foundation-divest-fossil-fuels Lemelson Foundation Press Release On Divestment From Fossil Fuels]</ref>
* Schmidt Family Foundation
* Schmidt Family Foundation



Revision as of 02:24, 7 March 2018

The act of divestiture is as the term might suggest the opposite of investment, it is the act of reducing or selling assets for financial, political or ethical purposes. Fossil fuel divestiture is a movement whereby businesses, governments, municipalities, pension funds, foundations and even individuals commit to selling and not purchasing or investing in any businesses that hold fossil fuel assets. The purpose of the fossil fuel divestiture movement is to cut off financial supply and support throughout the public and private sector to reduce fossil fuel use and support efforts to combat climate change. Funds no longer used to invest in fossil fuels are instead invested in renewable energy enterprises.

Background

In February of 2018 Ireland made the announced that the country had voted to end all investments in coal and oil, making it the first country to commit to divestiture.[1]

Notable Organizations

Universities

  • California Institute Of The Arts
  • Stanford University
  • The New School New York City
  • San Francisco State University
  • Hampshire College Amherst Massachusetts
  • University of Glasgow
  • University of Massachusetts
  • Syracuse University
  • Victoria University Wellington New Zealand
  • Johns Hopkins University
  • Humboldt State University

Foundations And Trusts

  • Rockefeller Brothers Fund
  • Bill And Melinda Gates Foundation
  • Wallace Global Fund [2]
  • SUNY New Paltz Foundation
  • The John Merck Fund
  • The Robert and Patricia Switzer Foundation
  • Russell Family Foundation
  • Ben and Jerry’s Foundation
  • The Noya Fields Family Funds [3]
  • David Suzuki Foundation [4]
  • Comart Foundation
  • The Catherine Donnelly Foundation
  • The Park Foundation [5]
  • The Ray C. Anderson Foundation
  • The Lemelson Foundation [6]
  • Schmidt Family Foundation

Appropriate Technology

As an appropriate technology the inclusion of divestiture may seem dubious, while we tend to collectively consider some sort of mechanical or electrical device that does "work" to define our understanding of technology it's important to recognize that our collective global presence is much more complicated than simply nuts and bolts, intellectual and likewise economic efforts can also be considered technological progress. Using our economic tools to affect change can have an equal impact on our lives that is just as significant as a more efficient energy generator, or a better way to collect water or grow foods stuffs.

Footnotes

Template:Reflist

External Links

Cookies help us deliver our services. By using our services, you agree to our use of cookies.