This new synthesis report from Arabella Advisors looks in depth at the rapid growth of the
worldwide fossil fuel divestment movement. Examining the demographics and trends of divestment, the report is a useful guide for anyone wanting to get up to speed with the huge impact of divestment efforts so far.
To date, 436 institutions and 2,040 individuals across 43 countries and representing $2.6 trillion in assets have committed to divest from fossil fuel companies. The divestment
movement has grown exponentially since Climate Week in September 2014, when Arabella Advisors last reported that 181 institutions and 656 individuals representing over $50 billion in assets had committed to divest. At that time, divestment advocates pledged to triple these numbers by the December 2015 Paris UN climate negotiations. Three months before the negotiations, we have already witnessed a fifty-fold increase in the total combined assets of those committed to divest from fossil fuels.- Arabella Advisors, p1.
Divestment commitments by nation. (Arabella Advisors)