Leonardo DiCaprio joins $2.6tn fossil fuel divestment movement

Actor joins coalition of 2,000 individuals and 400 institutions committing to phase out investments in coal, oil and gas companies to tackle climate change

Leonardo DiCaprio and over 2000 individuals and 400 institutions are now committed to pulling their money from fossil fuel companies, together representing a remarkable $2.6tn of investments, it was revealed on Tuesday.

A new analysis shows the value of the funds committed to selling off their investments in coal, oil and gas companies has rocketed in the last year, rising fifty-fold. Major pension funds and insurance companies have joined the universities and churches that founded the divestment movement, all of whom fear the impact of climate change on both the world and the value of their investment portfolios.