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Source: Stocksnap

NYC And London Mayors Urge All Cities Around The World To Divest From Fossil Fuels

By Koty Neelis

Two cities are stepping up together to fight climate change in a big way and now they're asking other international cities to join them. In a joint statement published in The Guardian earlier this week, New York City Mayor Bill de Blasio and London Mayor Sadiq Khan urged cities around the world to join them in divesting from fossil fuels.

"London and New York are two of the world's most dynamic, innovative and forward-thinking cities, and we are determined to push ahead with the goals of the Paris agreement–stealing a march on many national governments. We are calling on other cities to stand with us to divest their assets from fossil fuel companies," the mayors wrote.

The statement from the mayors coincides with the timing of the Global Climate Action Summit that began Wednesday in San Francisco. The summit unites business leaders and others around the world to "celebrate the extraordinary achievements of states, regions, cities, companies, investors and citizens with respect to climate action."