Dear Friend,

NYS Comptroller DiNapoli, who controls the massive $226 billion New York State pension fund, just announced the NYS fund will divest from the fossil fuel industry and decarbonize its entire portfolio of investments.

This is a massive victory for activism in the fight against climate change. The Divest NY coalition, which NYCC has supported for years, led this fight. Now, fossil fuel corporations like Exxon will lose billions of dollars.

I’ve marched for divestment and spoken at many events about the climate crisis. I even went to Albany with other NYCC members to testify before the State Legislature’s hearing on the topic.

I explained how superstorm Sandy cost my family everything, and that we needed New York to stop financing climate destruction through the pension fund.

Now, Comptroller DiNapoli has listened to us, activists and experts. He is launching the best program of any major public fund worldwide to combat climate change and safeguard retirees' long term interests.

Today, history is being made.

In an otherwise mostly bleak year, this is an enormous win for a growing climate activist movement that is pushing hard to end the fossil fuel industry.

Led by 350.org and a dedicated crew of activists, and supported by legislators who pushed for fossil fuel divestment, the Divest NY coalition convinced Comptroller DiNapoli to take action at the scale of the crisis. Comptroller DiNapoli has responded with the world’s most comprehensive climate action program of any public fund.

At NYCC, we couldn’t be more proud.

If you find this work inspiring and effective, please: become a sustaining monthly donor to NYCC’s climate program, which enables us to employ organizers and build the activist base to win victories like this one! Click here to support us.

Thank you

Rachel Rivera

NYCC member and Sandy survivor