Expanding the Divest-Invest movement in continental Europe with trusts and foundations
18:00 – 19:30 on Tuesday 8th December
Fondation Charles Leopold Mayer, Paris
On 8 December stars of Broadway and hip hop Antonique Smith and Malik Yusef led investors from across the world to salute two prominent French foundations and the Danish Villum Foundation which have pledged to divest from fossil fuels and invest in sustainable energy.
Jacqueline Délia Brémond, Co-Founder & Co-Chair of Fondation of Fondation Ensemble revealed why the foundation and she herself has pledged to Divest Invest and pioneer the movement in continental Europe.
They were joined by a pioneer of the Divest Invest movement, Bill McKibben of 350.org. Financial experts Mark Lewis of Barclays Bank, Seb Beloe of WHEB Asset Management and Mark Campanale of Carbon Tracker summed up the financial risks and opportunities that are driving Divest Invest. Former French government minister Pascal Canfin, now Senior Advisor on Climate at World Resources Institute, called on investors to lead action on climate change to keep fossil fuels in the ground.