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You are here: Home » Programs » Divest and Reinvest » Divest New York

Divest New York

On June 21, the Board of the NYC Pension Fund, which manages over $170 billion, has its quarterly meeting.

Show the Board that people of faith and faith leaders want the Fund to divest from fossil fuels and to invest in a sustainable future. 

GreenFaith is working with a coalition of partners to press the six New York State and City pension funds, which manage over $350 billion, to:

  1. Immediately stop any new investments in the top 200 fossil fuel companies,
  2. Drop coal, oil and gas from their investment portfolios by divesting from the top 200 fossil fuel companies by 2020, and
  3. Commit to and prioritize reinvesting at least 5 percent of their portfolios into climate solutions defined as, but not limited to, renewable energy, energy efficiency, clean technology, community adaptation funds, transit, and clean energy access.

The NYC Pension Board is meeting on June 21.  GreenFaith urges you to add your voice now to other faith leaders and people of faith who are calling on the Board to divest and invest for a safe and secure future.

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