
Hello Friends of 350 Chicago,
Join us in welcoming the Climate Safe Pensions Illinois Coalition (CSPI) for a special webinar on Thursday, December 11th at 6 PM to discuss the Fossil Fuel Divestment Campaign to divest the Illinois funded state pensions from fossil fuel assets. The CSPI Coalition coordinating committee members will discuss the climate and fiscal case for the state of Illinois to follow the path of fossil fuel divestment.
To attend the webinar, you can RSVP here.
The climate crisis is unfolding more quickly than anticipated. Rapidly increasing average temperatures and more severe weather events hasten the need to transition away from fossil fuels to ensure warming does not exceed life-sustaining temperatures.
The climate crisis increases the financial risk of investing in fossil fuel industries. Economists and actuaries warn that the economic models which institutional investors rely upon are not keeping pace with rapidly deteriorating conditions - leaving investors holding fossil fuel assets & debt that may swiftly decline in value.
The Climate Safe Pensions Illinois Coalition currently consists of 32 Environmental, Social and Climate endorsing groups across Illinois. Led by 350 Chicago, Third Act Illinois & the Climate Reality Project Chicago Metro Chapter, the coalition seeks to educate the public and policy makers about the need for divestment from fossil fuels.
In solidarity,
Team 350 Chicago