University of Montreal to divest from fossil fuels by end of 2025
The total value of the Fund was an estimated $420 million at December 31, 2021, with fossil fuel investments accounting for four per cent of its portfolio.
The total value of the Fund was an estimated $420 million at December 31, 2021, with fossil fuel investments accounting for four per cent of its portfolio.
For two decades, citizens have mobilized against different oil and gas projects in Quebec, including shale gas in the St. Lawrence Valley and oil projects in Gaspésie.
The move is part of the province’s $6.7 billion investment over the next five years to help it reduce its impact on climate change.
The recent development, promises to be a huge boost to the annual fight against the seasonal flu, as plants can be engineered to produce viral proteins and cultivated at scale.