350.org and activists around the world are demanding institutions do what is necessary to avert the climate crisis by divesting from fossil fuels. Together, we are making fossil fuels history. JOIN THEM! Find an event near you and follow the campaign online at www.gofossilfree.org. RISE to divest from fossil fuels!
What will happen on Global Divestment Day?
On February 13 and 14, thousands of people everywhere will turn out to take collective action and demand institutions do what is necessary for climate action by divesting from fossil fuels.Individuals will close their accounts with banks and pension funds investing in climate chaos. University and college students will hold flash-mobs, vigils, sit-ins and rallies calling upon their endowments to invest in a liveable future. Faith leaders and people living on the frontline of climate change will band together to urge their communities to divest from climate destruction. In financial capitals, people will gather for colourful rallies calling on investors to break up with the fossil fuel industry and sever their ties once and for all.Together, we will show that we are a truly global and growing force to be reckoned with. As the fossil fuel industry throws more money at fossil fuel expansion, we will turn up the volume of our divestment movement. And we won’t stop until we win.Join us for Global Divestment Day on February 13 and 14
and together, let’s make fossil fuels history.
What are we asking for, and who are we asking?
We want institutional leaders to immediately freeze any new investment in fossil fuel companies, and divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
200 publicly-traded companies hold the vast majority of listed coal, oil and gas reserves. Those are the companies we’re asking our institutions to divest from. Our demands to these companies are simple, because they reflect the stark truth of climate science:
- They need immediately to stop exploring for new hydrocarbons.
- They need to stop lobbying in Washington and other world capitals to preserve their special breaks.
- Most importantly, they need to pledge to keep 80% of their current reserves underground forever.
Why February 13 and 14 rather than one day of action?
We’re spreading Global Divestment Day across Friday and Saturday to take into account the huge diversity of target institutions and tactics that will be needed across the 5 different continents where divestment events are happening.
Choose the day that works best for you to register your local action – depending on your tactics and when it will make the most impact on your target and in the media in your country. For example, some institutional targets like university administration buildings might be closed on a Saturday and the decision-makers you need to hand in a large petition to in your local municipality may not be at work on Saturday.
On the other hand, big public rallies and vigils are more likely to be able to draw large crowds and garner media attention on a Saturday than during the working week.