Difference between revisions of "Divest-Invest Global Movement"

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Revision as of 10:46, 17 June 2019

General

Name of initiative DivestInvest
LPAA initiative Yes
NAZCA Initiative Yes
Website address http://divestinvest.org/
Related initiatives
Starting year 2014
End year
Secretariat Clara Vondrich, Global Director, Divest-Invest Philanhtropy, clara@divestinvest.org

Tom Harrison, edi@sfct.org.uk

Organisational structure
Geographical coverage Global
Name of lead organisation DivestInvest Global Movement
Type of lead organisation NGO/Civil Society
Location/Nationality of lead organisation United States of America

Description

Description DivestInvest is a diverse, global network of individuals and organizations united in the belief that by using our collective influence as investors to divest from fossil fuels, and invest in climate solutions, we can accelerate the transition to a zero-carbon economy. In this way, we are supporting the agreement made by governments in Paris at COP21 and protecting our own investment returns.

In addition to shifting their own capital, some investors and investment advisers now provide additional support to help others make this important shift.

Objectives First, to accelerate the energy transition and support the delivery of the Paris Agreement by shifting the trillions of dollars away from fossil fuel energy to sustainable energy and other climate solutions. In line with the UN’s analysis, our target is for $12 trillion to be moved by 2040.

Second, to embolden politicians to take stronger action on climate change.

Activities DivestInvest involves investors shifting capital out of fossil fuels and towards climate solutions.

DivestInvest also provides support for new investors to make the shift. Primarily through resources online and peer to peer engagement.

One or two success stories achieved

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-07.png   E SDG goals icons-individual-rgb-08.png   E SDG goals icons-individual-rgb-13.png   E SDG goals icons-individual-rgb-16.png  
Function of initiative Funding, Political dialogue
Activity of initiative Awareness raising and outreach, Fundraising, Policy planning and recommendations
Indicators
Goals In line with the UN’s analysis, our target is for $12 trillion to be moved by 2040.
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals As of May 2018, The DivestInvest initiative has seen over 800 organisations, with more than $6 trillion Assets Under management (AUM) commit to shift capital away from fossil fuel companies.

Investors with $1.3 trillion have made explicit committments to invest additional capital into climate solutions. We aspire to track the amount of assets under management by organisations which have committed to DivestInvest; the amount of assets taken out of fossil fuels; and the amount of assets committed to invest in climate change solutions Stakeholders committed: Increase from 50 in 2014 to 852 in 2017. Investors with $1.3 trillion have made explicit committments to invest additional capital into climate solutions.

How are you tracking progress of your initiative We aspire to track the amount of assets under management by organisations which have committed to DivestInvest; the amount of assets taken out of fossil fuels; and the amount of assets committed to invest in climate change solutions
Available reporting

Participants

Participants Number Names
Members 1013  
Companies 0
Business organisations 0
Research and educational organisations 146
Non-governmental organisations 0
National states 0
Governmental actors 155
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 160
Other members 552 See: https://www.divestinvest.org/commitments/
Supporting partners 0
Number of members in the years
2013
120
2014
324
2015
582
2016
730
2017
837
2019
994
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No Yes No No No No No No No No No No No No No No No No Yes
Last update: 25 October 2019 09:46:39

Not only have national states as participators