According to the New DivestInvest report that was just released in December, institutions and individuals committing to divestment from fossil fuel have reached a total asset of US$5.2 trillion. Such commitments doubled over the past 15 months, and over a thousands of signatories have joined the movement. More importantly, divesting institutions are also more diverse than ever – they range from philanthropic foundations, faith-based organizations, local governments, education institutions and pension funds, with no one sector representing more than a quarter of the total. Our campaign ally, RS Group Asia, is also among one of those who have made such commitment. We hope this can lead us to a promising start in 2017, which would foresee the divestment campaign to snowball!

The full report can be downloaded here, while here is a page summary of the statistics.