Blog Archive: Divest-invest Archives - Bright Now

11

Jun

2018

Fossil free Churches: Accelerating the transition to a brighter, cleaner future

Front cover of the Fossil Free Churches report.

Our new Bright Now report looks at the role of the Churches in the transition from fossil fuels to renewable energy.

The report, Fossil free Churches: Accelerating the transition to a brighter, cleaner future, argues that the speed of transition needs to accelerate rapidly in order to keep temperature rises in line with the Paris Agreement. To accelerate the transition to a net zero carbon economy, Churches (and other investors) need to rapidly shift their investments from fossil fuel companies and reinvest in clean alternatives. Read more

13

Dec

2016

Global fossil fuel divestment commitments double to more than $5 trillion in a year

On Monday 12 December, a year on from the Paris Agreement, it was revealed that the divestment movement has doubled in size since September 2015.

The newly published Divest-Invest report shows that global divestment commitments have been made by 688 institutions across 76 countries, reaching an incredible $5.2 trillion of assets under management. Furthermore, asset managers controlling $1.3 trillion – a quarter of the total – have committed to increasing their investments in clean energy to speed up the transition to a low-carbon economy. Read more

12

Apr

2016

Next steps for churches in community energy investment – free event July 2016

As the case for divesting from fossil fuel companies strengthens, interest in the opportunities to invest in local, reliable community energy projects is growing.

So we are pleased to publicise a free, one-day conference which will explore the potential for church engagement and investment in community energy projects in the South West. The event takes place on Thursday 7th July 2016, from 10.30am to 3.30pm, at Pinhoe Road Baptist Church, Pinhoe Road, Exeter, EX4 7HZ. Read more

28

Feb

2016

Divest-invest: UK’s biggest energy lobby ‘flips’ on renewable energy

In a U-turn from ‘business as usual’, the UK’s biggest energy lobby group has called for a stronger focus on energy efficiency and a greater roll-out of renewables.

It’s a change which bolsters the case for UK churches to ‘divest and invest’ – divest from fossil fuels and invest in clean energy technologies.

The move has attracted the attention of investors and policy experts alike. Nicky Mayey Chief Executive at E3G energy consultancy said it’s ‘a fundamental shift from the old energy business model because it’s not fit for the future’. Read more