We want to move £100 million out of fossil fuel investments and into renewable alternatives that support a just transition.
In 2016, our huge wave of freedom of information requests found that there was at least £100 million invested in fossil fuels across our education system. Students think that this is unethical investment, and so we want to move every penny of it into renewable energy instead.
There are loads of options for our institutions, from on-campus energy projects, to green bonds. And these aren't just ethical investments. They often bring even higher returns than investments in the declining fossil fuel industry.
As part of this we must ensure that reinvestment is decolonial – we must not replicate the current structures of power that exist. Large scale renewable energy corporations have already been complicit in land grabs in the Global South in an echo of the fossil fuel industry’s colonial behaviour and it’s down to us to ensure that the transition we pioneer in our campaigns is just and equitable. This means that wherever we reinvest everyone is included and benefits. This might be achieved through supporting community energy projects based in the global south, in our local communities or even on our very own campuses.
Get in touch to talk about how to Divest-Invest, to organise a workshop or to request some research.