BREAKING NEWS: Remember three years ago in January 2018 when New York City committed to divest from fossil fuels within 5 years? 

On 1/25/21,  NYC Mayor de Blasio and Comptroller Stringer followed through on that commitment announcing NYC’s largest pension funds are unloading over $4 billion of fossil fuel investments. Read Comptroller’s Announcement HERE.

VICTORY!! NYS DIVESTS! After years of pressure from 350NYC’s #Fossil Free NY Divestment campaign and #DivestNY Coalition, Comptroller Dinapoli has committed to divest the New York State pension fund from fossil fuels! At $226 billion, it’s the biggest pension fund in the world to do so. A big win for climate action!

Fore more info: https://gofossilfree.org/ny/divestnewyork/

#DivestNY Media Release

 

DIVEST NEW YORK WITH 350NYC !!

350NYC launched the #FossilFreeNYC and #FossilFreeNY campaigns in 2012. After 5 years of public pressure New York City agreed to divest its pension funds from fossil fuels and after 8 years New York State has now committed to divesting!

Divestment is a Global Movement to delegitimize the Fossil Fuel Industry by divesting all institutional and personal investments from its unstable, destructive, and degenerate companies. It is a movement of urgency to change all energy from dirty to clean in time to avoid a hothouse planet. The message that Full Divestment sends to the world is to change now for the sake of our climate and our financial well-being. So far more than 15 trillion dollars have been divested from institutions around the world. Reinvestment in clean energy funds is increasingly an excellent option for a just, optimistic economy.

 

WE WON THE CITY!!

Five Years of Activism: NYC Commits to Fossil Fuel Divestment

4 Billion dollars will be fully divested from NYC Pension funds by 2022 !!

New York City will no longer participate in a system that endangers our people, that’s why we’re suing and divesting from Big Oil. #DivestNY pic.twitter.com/mRmngN3nrB

— Mayor Bill de Blasio (@NYCMayor) January 10, 2018

 

WE WON THE STATE!!

VICTORY!! NEW YORK STATE DIVESTS! After years of pressure from 350NYC’s #Fossil Free NY Divestment campaign and #DivestNY Coalition, Comptroller Dinapoli has committed to divest the New York State pension fund from fossil fuels! At $226 billion, it’s the biggest pension fund in the world to do so. A big win for climate action!

Fore more info: https://gofossilfree.org/ny/divestnewyork/

#DivestNY Media Release

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