RALLY: UNM STUDENTS FILE COMPLAINT TO NM ATTORNEY GENERAL AGAINST UNM FOUNDATION
UNM LEAF: COMPLAINT TO NM ATTORNEY GENERAL
WHAT: Rally to call on UNM Foundation to divest from polluting companies and for UNM to update 12 year old climate plan
WHEN: Friday October 29, 12pm – 1pm
WHERE: UNM SUB, March to President Stokes office
WHO: UNM LEAF and Climate org allies Sen. Antoinette Sedillo Lopez is expected to speak. All Covid precautions will be observed.
WHY: On Tuesday Oct. 26th UNM LEAF (Leaders for Environmental Action and Foresight) and UNM Climate Coalition filed a complaint to NM Attorney General identifying 28 companies in which the UNM Foundation invests through its public equity index funds that operate in New Mexico. These companies are responsible for releasing 10 million tons of CO2-equiv. along with thousands of tons of smog-making NO2 and volatile organic compounds (VOCs), as well as hazardous air pollutants and particulate matter, and produced water and oil spills that have degraded the land and threatened the lives of New Mexicans especially those living in frontline communities. They produce enough oil, gas, and coal to power 33 coal plants a year and release 129.7 million metric tons of climate-warming gases into the atmosphere, which is fueling the climate crisis
UNM LEAF have urged the UNM Leadership to address climate change on many fronts, including investments, but have been largely unsuccessful. UNM Leaf and signatories would like to see divested funds invested in clean energy and climate change solution projects, especially locally, in New Mexico.
This action is in solidarity with FOSSIL FREE FUTURE DAY OF ACTION. https://fossilfreefuture.earth/demands Young people are rising up across the world to demand an immediate end to the funding of fossil fuel expansion.