About Fossil Free
Even after the climate summit in Paris, there will be long and difficult negotiations about how to deal with the ever more pressing problems of climate change. A growing group of people has lost confidence in the political system coming up with sufficient measures in time.They target the financial sector and organise campaigns to urge pension funds, churches, universities and governments to withdraw their investment in oil, coal and gas producing companies, in other words to “divest” from companies that make a profit off of climate change.This divestment movement seems to be gaining more and more influence with several funds already announcing their divestment from fossil fuel stock and surprisingly the movement is getting support from the financial world itself as investing in fossil fuels is becoming increasingly risky.
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