Students and staff at the University of Warwick are celebrating after the institution vowed to stop investing in fossil fuels - following a two year campaign.
The university announced its divestment in coal, oil and gas, becoming the seventh in the UK to do so. The Fossil Free Warwick University (FFWU) campaign, run by students and staff at Warwick, protested at a university council dinner earlier this week, to pressure leaders to make the pledge against fossil fuels.
Shortly after, Warwick released a statement saying the £1m investments in fossil fuels would be replaced as soon as funding became available, which could mean up to a year.
Cat Turnhan, president of Warwick students' union, said: "Warwick has demonstrated, not only a commitment to its students now, but its students of the future – and they are a great example to universities around the world."
Oxford, Edinburgh, SOAS, Bedfordshire, Glasgow and London's School of Hygiene and Tropical Disease, have all pledged divestment in coal, oil and gas.
Dan Goss, a campaigner for FFWU, added: "This decision testifies to two long years of campaigning by Fossil Free Warwick. We’re overjoyed by this victory."
At the recent G7 summit, leaders agreed to phase out fossil fuels by 2100, and called for a move towards clean sources for electricity generation by 2050.