Climate change is probably the most urgent problem facing our species and the planet today. It even threatens the existence of our favourite species: homo sapiens.
In September I went to the Global Climate Action Summit (GCAS 2018) in San Francisco to create a series of videos on a global investor movement that’s accelerating the sustainable energy transition: DivestInvest.
What a time to be in San Francisco. Leaders from all over the world – from the Amazon Basin to Indonesia – were all in town to take climate ambition to the next level.
After embarrassingly tripping over a can of paint (sorry) on the world’s largest street mural at the Rise People’s Climate March, I cleaned up to chat with NGOs, investors, a DJ and a former President about the divestment movement – and why it’s essential we invest in climate solutions.
We have got to have divestment from fossil fuel and investment in clean energy. Investors can move their assets to support climate justice. Just imagine if all investors committed 5% to clean energy across the globe.
Watch our introduction ► DivestInvest is a call to action. How many times does the fossil fuel industry have to tell shareholders to go to hell before they realise that stronger action is necessary?
The ethical arguments ► If it’s wrong to destroy the planet, it’s wrong to profit from that destruction. That’s the basic bottom line.
Learn about divesting from financial risk ► The reason that the DivestInvest effort has been successful is because it has a sound financial rationale and the fossil fuel sector does not. Why would we own companies that are liable to be sued as the world realises the seriousness of climate change?
Videos produced by Atlas of the Future for DivestInvest. Contributors include:
Ellen Dorsey, Executive Director, Wallace Global Fund
Mary Robinson, Former President of Ireland and President, Mary Robinson Foundation
Bill de Blasio, Mayor of New York City
Al Gore, former US vice-president turned climate change advocate
Rev. Fletcher Harper, Executive Director, GreenFaith
Jeremy Grantham, Co-founder, GMO
Mark Lewis, Managing Director, Carbon Tracker Initiative
Bill McKibben, Founder, 350.org
Nadia Nazar, Zero Hour Deputy
Thomas Pringle, Member of the Irish Parliament
Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis
Kat Taylor, CEO, Beneficial State Bank
Tom Van Dyck, Senior Vice President, RBC Wealth Management
Clara Vondrich, Global Director, DivestInvest
Feel the joy ► Our planet is buzzing with cool climate ideas