Cambridge University to Refuse Funding From Fossil Fuel Companies

Cambridge University will not accept new funding from fossil fuel companies, the higher education institution has confirmed. University executives voted in a council meeting last week to halt funding from fossil fuel businesses and subsidiaries until a review of the donation process is complete. The decision, announced on Monday, follows a study by former U.N. climate change envoy Nigel Topping. In July 2019, Cambridge became the first university in the world to adopt a 2048 zero-emission target, with an aspiration to reach this goal by 2038. In 2022, a group of academics at the university called for an end to all sponsorship and collaboration with companies involved in the fossil fuel industry. Commissioned by Cambridge’s leadership, Mr. Topping’s study reviewed how fossil fuel industry ties affected the university’s net zero mission....