The World Has Pledged To Divest $2.6 Trillion From Fossil Fuels

Credit: David J. Phillip / Associated Press

"It is now unstoppable."

huffingtonpost.com - by Nick Visser - September 22, 2015

NEW YORK -- The amount of money the world has pledged to divest from fossil fuels now exceeds $2.6 trillion, a group of policymakers, philanthropists and activists announced Tuesday. The figure is 50 times higher than the $52 billion that had been divested exactly one year ago.

The news was announced at a press conference in New York, hosted by groups including the United Nations, the Rockefeller Brothers Fund and environmental and faith leaders. The hosts said the $2.6 trillion figure was calculated by Arabella Advisors, a private consulting company that works with philanthropic groups.

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CLICK HERE - Arabella Advisors - Measuring the Growth of the Global Fossil Fuel Divestment and Clean Energy Investment Movement (27 page .PDF file)

CLICK HERE - About - 2015 Report - Divest-Invest