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What is Fossil Fuel Divestment?

Fossil fuel divestment involves withdrawing investments from companies involved in extracting or producing fossil fuels like coal, oil, and natural gas. The movement aims to reduce financial support for industries contributing to climate change and promote investment in renewable energy and sustainable technologies. Divestment strategies include selling stocks, bonds, and investment funds associated with fossil fuel companies. It raises awareness about the environmental impact of fossil fuels and encourages the transition to a low-carbon economy.

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