Croatan Institute presents findings on reinvestment in Appalachia
On December 4th, 2014, Croatan Institute presented a webinar on the relevance of fossil fuel divestment for a Just Transition in Appalachia. Croatan Institute President and Senior Fellow Josh Humphreys and Croatan Institute Associate Kristin Lang were lead presenters in the webinar, which was hosted by the Mountain Association for Community Economic Development (MACED) and presented to small group of active participants involved in developing a Just Transition away from a fossil fuel based economy in Appalachia.
The findings presented in the webinar were the result of nearly nine months of research involving dozens of interviews with investors grappling with fossil fuel divestment. Croatan Institute’s research and engagement explored the connections between fossil fuel divestment in Appalachia and opportunities for economic development and a new energy economy. We learned that while there is much interest in reinvesting divested assets in place-based investments, there has been little demand for concessionary investments in Appalachia. However, our research pointed to many concrete next steps for players in the region to access increased investment from institutions grappling with divestment. Participants in the webinar also expressed interest in working together to overcome the obstacles.
To learn more about Croatan Institute’s Fossil-Free Investing for an Appalachian Transition, please click here.
To contact Kristin Lang, send an email to email@example.com.