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Jewish institutions have a tool for fighting climate change: their bank accounts
(JTA) — The last eight years have been the hottest in recorded history, causing untold damage across the world — and that destruction is not something that we can reverse with the flick of a switch. We can’t instantly turn back the floods in California nor solve its decade-long drought. We can’t immediately end the wildfires in Colorado, hurricanes in Florida or flash floods in the Northeast and California.
But the American Jewish community has an important role to play in addressing the underlying cause of these devastating events and avoiding an ever-increasing cascade of destruction and harm.
Many of us are members of Jewish organizations or congregations that, often unknowingly, support fossil fuel companies. Even as we work to cut our carbon footprints, our investments are financing Exxon’s and Chevron’s expansion in fossil fuels. A recent report by the organization I lead, Dayenu, found that a sample of major Jewish organizations had over $3 billion invested in fossil fuel companies. According to Fossil Free Funds and the EPA, that’s $3 billion invested in coal, oil and gas companies that extract and burn carbon responsible for the equivalent of running 561,276 cars on the road for a year.
By reallocating that money from the extraction and burning of fossil fuels to investing in clean energy, we can turn our communal assets from a net cost to the earth to a net gain for our future.
The way forward is clear. The world’s leading scientists tell us that to avoid the worst impacts of the climate crisis, we must halve global greenhouse gas emissions by 2030 and end all climate pollution no later than 2050. Fossil fuels — coal, oil, and gas — are the leading contributors to climate change, responsible for 75% of all greenhouse gas emissions. Renewable energy sources like solar, wind, and hydropower are already cheaper, more reliable, and more lucrative for investors — while creating millions of jobs.
The vast majority of American Jews support bold climate action. A 2014 study found that 8 out of 10 American Jews were concerned or alarmed about the climate crisis. Since then, climate has become a top concern for American Jews, consistently ranking as a priority issue for American Jewish voters, especially young people. Initiatives like the Jewish Climate Leadership Coalition are helping institutions cut their emissions, and there is growing interest in socially responsible and impact investing.
These steps show a commitment to taking action — but much more is needed to reach the scale necessary to confront climate change. Over the past few years, Brandeis, a university “animated by Jewish values, rooted in Jewish history and experience,” decided to turn concern into action.
Joining Harvard, Yale and other universities, Brandeis divested some $997 million from fossil fuel companies in 2018. But University President Ronald Liebowitz said a recent decision to further reduce exposure to fossil fuels and expand investments in clean energy helps move the university to further align with its Jewish values and become “a Brandeis that strives to reflect one of its highest values: using one’s talents to repair the world — in word and deed.”
It’s not just institutions of higher education. Thousands of other organizations have already moved their money from fossil fuels to clean energy investments. Sovereign states like Norway, major retirement plans like New York City’s pension funds, and numerous faith organizations have all moved their resources in ways designed to make them agents of a sustainable future.
Now Jewish organizations, institutions and communities can join them. As part of the report “With All Our Might: Bechol M’odecha: How the Jewish Community Can Invest in a Just, Livable Future,” Dayenu lays out a six-step Roadmap for Change to help the Jewish community better align its investments with its values. Beginning with Jewish learning, or reishit chochma (grounding), the steps guide institutional leaders through cheshbon (research investments), limmud (education), sicha (engagement), kavanah (making a plan) and kadima (moving your money).
Larger institutions will focus on their asset managers, while congregations and smaller organizations will focus on their banks. By advocating publicly and privately with both banks and asset managers — the two primary financiers of fossil fuel extraction — to reinvest their money, Jewish organizations can educate their communities about sustainability and finance. Vocally aligning their finances with their values, the Jewish community can help speed a movement away from fossil fuels and toward clean energy at the pace that we, and future generations, need to survive.
And, make no mistake, it’s a race against time. The International Energy Agency — the world’s most respected energy analysis group — says that to reach zero emissions by 2050, we need to invest $4 in clean energy for every $1 in fossil fuels every year for the next few decades. However, since the Paris Agreement was signed, asset managers and banks have put trillions of dollars into the fossil fuel industry. To win this race, we need to use the lever of private finance. Faced with pressure from whole sections of the public — including the Jewish community — companies like BlackRock, Citigroup, JPMorganChase and Vanguard could be persuaded to hasten the transition to clean energy.
The American Jewish community is well-positioned to take meaningful climate action. Like other faith traditions, we are well-organized, and our institutions have an estimated $100 billion of investment assets. Following Dayenu’s six-point roadmap, we can withhold the Jewish community’s financial support for dirty energy and instead invest in renewables. By raising our voices alongside the many investors who are calling for change, we can accelerate the transition to a clean energy future. As floods, fires, and heat waves come with alarmingly greater frequency and severity, we know we have no time to waste.
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The post Jewish institutions have a tool for fighting climate change: their bank accounts appeared first on Jewish Telegraphic Agency.
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Pope Leo Calls War in Middle East a ‘Scandal’ to Humanity
Pope Leo XIV is welcomed by Lebanese President Joseph Aoun and officials upon arrival at Rafic Hariri International Airport, during his first apostolic journey, in Beirut, Lebanon, November 30, 2025. Photo: REUTERS/Mohammed Yassin
Pope Leo on Sunday said death and suffering caused by the war in the Middle East are a “scandal to the whole human family,” renewing his plea for an immediate ceasefire.
As the US-Israeli war on Iran enters its fourth week, the first US pope said that he continues to follow with “dismay” the situation in the Middle East and in other regions torn apart by war and violence.
“We cannot remain silent in the face of the suffering of so many people, the defenseless victims of these conflicts. What hurts them hurts the whole of humanity,” Leo said at his weekly Angelus prayer in St. Peter’s Square.
“I strongly renew my appeal for us to persevere in prayer, so that hostilities may cease and the way may finally be paved for peace,” he added.
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Hundreds Wounded in Iran Missile Attacks Across Central, Southern Israel, Including Near Nuclear Site
A drone view shows a damage in a residential neighborhood, following a night of Iranian missile strikes which injured dozens of Israelis, amid the US-Israel conflict with Iran, in Dimona, southern Israel, March 22, 2026. Photo: REUTERS/Roei Kastro
More than 200 people were wounded in several Iranian strikes on central and southern Israel over the weekend, including children who were seriously injured, after Israeli air defenses failed to intercept at least two ballistic missiles, prompting the defense minister to threaten to send Iran “back decades.”
Fifteen people were injured on Sunday following an Iranian cluster missile strike in the central Israeli cities of Tel Aviv, Petah Tikva, and Ramat Gan. By early evening, several homes and roads were damaged by the strikes.
A direct hit by a missile launched from Iran the prior evening on Arad and Dimona in southern Israel caused widespread damage to buildings and prompted the evacuation of nearly 300 people to hospital. As of Sunday afternoon, 18 children were still hospitalized.
A ballistic missile carrying a payload of several hundred kilograms of explosives landed next to residential buildings in Dimona, with the shockwave ripping through them and leaving about 30 people wounded, including a young boy.
Israel’s Shimon Peres Negev Nuclear Research Center, located roughly eight miles southeast of the city, was likely the target, analysts said. But according to the International Atomic Energy Agency (IAEA), the site was not harmed in the strikes.
“Information from regional states indicates that no abnormal radiation levels have been detected,” the UN nuclear watchdog tweeted.
Iranian state TV said on Saturday the salvos were in response to an attack on Iran’s Natanz nuclear facility earlier that day.
Tonight, the Iranian regime unleashed a devastating hail of missiles on southern Israel, purposefully striking civilians in Arad and Dimona.
Over 100 people, including many children and elderly, inured.
This is a blatant war crime. Pure terrorism. Yet, world is silent! pic.twitter.com/EBLLrxuJ9t
— Arsen Ostrovsky (@Ostrov_A) March 22, 2026
At Soroka Medical Center in Beersheba, more than 160 injured patients arrived overnight, including over 70 children, according to Prof. Shlomi Codish, the hospital’s director. He described the influx as a “highly complex mass casualty event” involving blast injuries, shrapnel wounds, and trauma, including critically and moderately injured patients who required urgent surgery.
Codish said authorities were working to provide “immediate support and shelter” for those impacted, adding that entire families were evacuated to the hospital.
“The challenge is not only medical but also human. The strike hit the heart of a civilian neighborhood, and entire families arrived together, injured and distressed. We worked to map family connections in order to provide coordinated care and preserve family unity as much as possible,” he told The Algemeiner.
The missiles in both Arad and Dimona were engaged by air defenses, but the interceptors failed to bring them down.
In both cases, most of those injured in the missile did not make it to bomb shelters in time.
Prime Minister Benjamin Netanyahu, visiting the scene of the strike in Arad, said it was a “miracle” that no one was killed but added “we don’t want to rely on miracles.”
“If you’re in a shelter, you’re protected,” he said.
Defense Minister Israel Katz, who was also in Arad, accused Iran of intentionally targeting civilians.
“If this continues, we’ll make sure to hit Iran so hard it will be sent back decades,” Katz said.
Tehran aimed to generate domestic pressure on Israel’s government to stop the war, he said, but added that “it won’t happen because our home front is strong.”
In a statement posted on X, IAEA Director-General Rafael Grossi stressed that “maximum military restraint should be observed, in particular in the vicinity of nuclear facilities.”
Since the Feb. 28 US-Israeli strikes on Iran, Tehran has launched more than 400 missiles toward Israel, with the Israeli Air Force saying roughly 92 percent were intercepted. More than 4,500 Israelis have been evacuated to hospitals from the strikes, the health ministry said.
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Scores Hurt After Iranian Missiles Hit Israeli Desert Towns
A drone view shows a damage in a residential neighbourhood, following a night of Iranian missile strikes which injured dozens of Israelis, amid the U.S.-Israel conflict with Iran, in Dimona, southern Israel March 22, 2026. Photo: REUTERS/Roei Kastro
Southern Israeli towns woke to widespread damage on Sunday after air defenses failed to intercept two Iranian missiles overnight that injured scores of civilians in one of the worst attacks of the war so far on Israeli soil.
As daylight broke, the scale of the damage in the desert town of Arad, where one of the strikes hit a multi-story apartment bloc, came into clearer view, with entire floors blown open by the blast.
Uri Shacham, the chief of staff of Israel’s ambulance service, said at least eight buildings were damaged by the missile, which left a crater not far from the apartment blocks.
Footage verified by Reuters showed flames engulfing the top floor of an apartment building shortly after the strike. Search and rescue teams moved from floor to floor inside the damaged buildings.
Israeli military spokesperson Lieutenant Colonel Nadav Shoshani said both strikes had been carried out with conventional ballistic missiles. He declined to comment when asked about the initial findings of a military investigation into the failure to intercept the missiles.
NETANYAHU SAYS MIRACLE NO ONE KILLED
Most Israelis receive alerts on their mobile phone when launches from Iran are identified. An air raid siren sounds and they then have a few minutes to go to safe rooms or public bomb shelters.
“It is a miracle that no-one was killed,” Israeli Prime minister Benjamin Netanyahu said on Sunday, standing in the crater at the impact site in Arad.
Pointing at the blown out walls of the apartment bloc and then at the enforced undamaged wall leading to a shelter below ground, Netanyahu urged Israelis not to be complacent. No one would have been hurt, he said, had all sought shelter in time.
In Arad, 31 people, including 18 children, were hospitalized, at least 9 of them in serious condition, according to the hospital. Dozens more were lightly injured.
Israel said Iran was targeting civilian population areas. Iran’s Revolutionary Guards said they targeted military and security-related sites in retaliation for Israeli strikes against Iranian sites.
Arad and Dimona, another city that was hit, are located close to Israel’s secretive nuclear reactor and several military bases, including Nevatim Air Base, one of the country’s largest.
In Dimona, 5 people were hospitalized, including a 12-year-old boy in serious condition, the hospital said.
Since joint US-Israeli strikes on Iran on February 28, Israel has come under daily missile fire from Iran. At least 20 civilians have been killed in Israel and the Palestinian territories, including one Israeli killed in an attack by Iran-backed Lebanese group Hezbollah on Sunday.
At least 15 people were hospitalized on Sunday in fresh Iranian attacks, according to emergency services, including a cluster munition that struck in Tel Aviv.
Israeli and US strikes have killed at least 1,300 people in Iran so far, according to the Iranian government. The US-based rights group HRANA, which tracks human rights violations in Iran, has recorded 3,320 people killed, including 1,406 civilians and 1,167 military personnel, with the remainder not yet determined. Reuters could not independently verify the data.