Fossil Free South Africa (FFSA), in partnership with ILRIG, will be running a free training session on climate change and investment.
The FFSA campaign began in 2013 with a call on the University of Cape Town to stop investing in fossil fuels. UCT’s responsible investment panel, which was established in 2017 in response to FFSA’s lobbying, has now formally recommended to the UCT Council that the University should divest from fossil fuels by 2029 at the latest. But it is not just universities who can use investments as a lever for positive change on the climate front. Many institutions (e.g., companies, churches, stokvels, endowed foundations, private schools), individuals or groups with investments or a retirement fund are potentially able to use collective financial power as a way to demand a safe climate. Africa is the least polluting or carbon emitting continent, but one of the most severely affected by the climate crisis. South Africa, an already water-stressed country, faces an average temperature increase of up to 6C or more in this century. What do you and your organisation know about climate change and global heating, their likely impacts on Africa, and what we can do about this? Do you feel empowered or disempowered when you consider these issues? Do you know of the opportunities that are hidden in this crisis? How do we help marginalised and indigenous peoples to enter and participate in the climate crisis conversation? How can you make your existing social mission climate-responsible? This presentation will cover:
- Brief introduction to climate change and its impacts
- The causes of climate change
- Current climate breakdown scenarios and risks
- The hidden opportunities in the climate crisis
- Reasons why government and corporate action is too slow
- The links between climate change and investment
- The global fossil fuel divestment movement
- How South Africans can use investment and divestment to demand a more democratic climate-safe economy
Date: 16 March 2022
Time: 10am – 11am
In-person venue: Ashley Kriel Hall, Community House, Salt River, Cape Town.
To attend this training session, please RSVP via email to .