12/10/2023 0 Comments Monsters of Mican instal![]() In the meantime however, Fossil Free campaigns increased their pressure around Sweden and many other decisions to divest were taken (e.g. The campaign had not been very active this past year, but was visible during Whole Earth Day. ![]() At first there was no sign of change from the side of the University, they even stated that the financial returns trumped climate concern. The Fossil Free Umeå University campaign started up in 2015 and has been researching, talking to the board and gathering support for divestment amongst students. To us as a university, the decision is foremost a way to take up a stand showing that we take research on the climate change seriously, and that we want to make a difference, says Hans Adolfsson, Vice-Chancellor of Umeå University. At the same time the university has changed its investment policy to exclude fossil fuels. The university manages approximately 200 million swedish krona in assets, and they are now being shifted away from companies that extract, refine or distribute coal, oil and gas. Umeå University went public today with its decision to divest from fossil fuels.
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