Management: Funding Shortfall and Universities

management: The grace, agreed without adjustments by management, follows an escalating campaign by staff and students concerned about Cambridge's financial backing for the fossil fuel industry, according to The Guardian. Universities defy funding shortfall to spend millions on art Read more Williams said It is an important message to our own society and national institutions, but also to all those vulnerable populations across the world who are most at risk from climate change; and it is good to see that clear and focused advocacy in the university has produced so welcome and urgent a change. The university's management accepted a motion, known as a grace, which urged Cambridge to set out fully the advantages and disadvantages, including the social and political ones of divestment from global coal, oil and gas companies. The grace was signed by 324 academics, which campaigners said represented one of the largest totals in the university's history. Since then, the administration has done everything it can to avoid the question, so I am delighted that the council have accepted this latest grace. The academic and Green party MEP candidate Jeremy Caddick, who helped push the motion, said Two years ago, we asked the university to divest from fossil fuels. (news.financializer.com). As reported in the news.