The health, wealth, infrastructure and ability to maintain basic services of cities will increasingly be degraded as our planet warms and our weather worsens. Yet local governments are currently sharing in the profits made by the fossil fuel industry – investing in the very companies that are directly responsible for this threat. The Mayors Innovation Project, a COWS project, is working to support the local government fossil fuel divestment movement. Building on the example set by Mayor McGinn of Seattle, we’re working with cities to remove municipal funds from fossil fuel investments, and working with pension funds to do the same. Divestment can have a serious impact and send an important message, and this guide offers the tools to help you get started on a divestment campaign in your community.
James Irwin, and Satya Rhodes-Conway. Divestment from Fossil Fuels: A Guide for City Officials and Activists. 2013.