Divest-Invest Philanthropy is a coalition of U.S. and global foundations pledged to divest from fossil fuel companies and invest a portion of their assets in the clean energy economy. Members of the Divest-Invest Philanthropy initiative are united around a shared conviction that investments must not undercut philanthropy’s mission to serve the public good. Rather, endowed assets should advance both financial and ethical goals.
Imagine an economy fueled daily by the sun’s energy. Jobs are opening up in sustainable companies that previously struggled to survive in a fossil fuel dependent world. Imagine that this robust, creative economy is no longer undermined by the political power of the fossil fuel industry, that energy markets are driven by consumers rather than by political manipulation and industry leverage. Progressive philanthropy can help turn this vision into reality. Doing so will require divesting from fossil fuels and investing in preferred alternatives: in infrastructure and local efficiencies; in clean energy and technology; and in sustainable agriculture and consumer products.
Kimery Wiltshire, CEO and President of Carpe Diem West, spoke with Rachel’s Network members by teleconference on water issues and sustainability in the American West. We recently caught up with Kimery and she shared more about her work, as well as what inspires her.
Judith Robinson, Executive Director of Coming Clean, spoke with Rachel’s Network members about how Coming Clean has built an effective coalition of nonprofits, policy makers, business leaders, and scientists to work together to reform the chemical and fossil fuel industries. We recently followed up with Judy to learn more about her work, and what makes her optimistic about chemical policy reform.
Through a multi-year grant from Rachel’s Network, the National Association of Evangelicals (NAE) was able amplify its message of creation care and climate action within the evangelical community.