Submitted by ian on Thu, 01/10/2020 - 16:19

 

Divest Brent logo

For some 3 years now Divest Brent – a campaign closely linked to Brent Friends of the Earth – has been campaigning to persuade the Council to divest its Pension Fund of fossil fuel investments – in other words to dispose of these investments. We have received over 1,400 signatures on our petition (including well over 1,100 Brent residents); we have contacted all councillors pointing out the benefits of divestment – not only in terms of indirectly depriving the fossil fuel industry of investment capital but also in terms of investment performance for the pension fund (for example, Shell and BP each lost 40% of their share value as a result of the Covid-19 pandemic compared to just 20% for the Stock Market as a whole – meaning that the Pension Fund lost around £8 million through not having divested). We have met with the Council three times and, between us, Divest Brent and Brent Friends of the Earth have attended three Pension Fund Sub-committee meetings. We have talked to a range of groups and secured the endorsement of a number of Brent community and civil society groups.

 

While the Pension Fund Sub-committee has so far firmly refused to go all out for divestment there are signs of movement. They have updated their Responsible Investment Policy and their Investment Strategy to take into account the risks of climate change. And at their meeting of July 16, 2020 they agreed to invest £28 million into a low carbon investment fund. Although this represents only 3% of the Pension Fund there was much talk of “dipping toes in the water” and this being an “initial investment” which suggests that this is a start of a process of decarbonisation.

 

Divest Brent believes that 2020 could be the year when some kind of commitment will be made by the Council. We are ready to submit our petition to the Council and are working behind the scenes to agree some appropriate commitment to decarbonise the Pension Fund. We believe the end is in sight.

Bunting stall in Queens Park

Submitted by ian on Mon, 18/10/2021 - 10:22

The final of our stalls making bunting with messages to send to COP26 took place outside the Queens Park Farmers' Market on October 17th.

It was a lively event, with adults and children joining in enthusiastically to decorate bunting pennants which will stay up outside Salusbury School for a while.

Below are some photos from the event, as well as a short video compiled by Martin Francis.

 

 

Bunting from Tulip Siddiq MP
Bunting from Tulip Siddiq MP

Brent FoE Flood and Nature Walk 26th September - report and pics

Submitted by ian on Tue, 28/09/2021 - 11:10

Nineteen people turned up for our walk along the Wealdstone Brook and River Brent, looking at the way this natural feature had been built upon and hidden, and highlighting the possible danger of flooding as climate change continues.

Martin Francis pointed out the route of the waterways, sometimes hidden under high tower blocks, with further development ongoing. Some parts of the walk took us through harsh concrete landscapes, some through much more pleasant environments, with well-used open spaces and some attractive meadowland (though in some places it was apparent that the invasive Japanese Knotweed still posed a threat).

The group paused at the pleasant shingle riverbank, where people made paper boats, which were adorned with messages about climate change, and launched into the water. Martin was also on hand to catch the boats downstream in his nets. Other boats made by Cllr Janice Long and Ruth Kitching, will be sent to Glasgow to be incorporated into an installation to be erected outside the COP26 meetings.

A more detailed account of the walk and issues behind it can be found on Martin's blog here.

Photos below are by Barney Laurance:

 

Martin talking

Our bunting stalls in Harlesden and Wembley

Submitted by ian on Fri, 10/09/2021 - 19:31

Here are some pictures from our stall in Harlesden on 10th September and Wembley on 25th September. Lots of engagement with people of all  ages - children were particularly keen to send a message about what should be done to stop climate change. More reporting and pictures at https://wembleymatters.blogspot.com/2021/09/harlesden-sends-resounding-….

 Next stall on October 17th in Queens Park. Details on front page.

 

Harlesden:

bunting8   bunting3