100 universities have pledged to divest from fossil fuels

One hundred universities in the United Kingdom have pledged to divest from fossil fuels. This equates to 65% of the country’s higher education sector refusing to make at least some investments in fossil fuel companies, and endowments worth more than £17.6 billion (US$20.3 billion) now out of reach for the corporations, writes Helena Horton for The Guardian.

This huge sum is mostly owing to the significant investment portfolios of the University of Edinburgh, as well as the universities of Oxford and Cambridge and their constituent colleges, all of which have at least partially divested.

Coventry University has become the 100th, and on Thursday 27 October announces its divestment of a £43.6 million investment portfolio from all fossil fuel companies after a nine-month student campaign.
Full report on The Guardian site