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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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Czechs Investigate Fire After Reports of Anti-Israel Group Claiming Responsibility
Police officers and firefighters stand in front of a burned production hall at an industrial area in Pardubice, Czech Republic, March 20, 2026. Photo: REUTERS/David W Cerny
Czech investigators are probing an overnight fire at an industrial complex as potentially being a deliberate attack, officials said on Friday, following media reports that a group protesting against Israeli weapons claimed responsibility.
Firefighters said on X that they had responded to a fire at a storage hall in a complex in Pardubice, 120 km (75 miles) east of Prague. No one was injured in the fire, which spread to another building.
Czech news website Aktualne.cz reported that a protest group said it had set fire to a “key manufacturing hub” for Israeli weapons in Pardubice to end its role in the “genocide in Gaza.”
Czech defence firm LPP Holding in a statement on its website said it had confirmed that a fire broke out at one of its facilities on Friday and it was cooperating with authorities.
The company, with a location in the complex, announced plans in 2023 to cooperate with Israeli company Elbit Systems on drone production.
“At this time, we will not speculate on the causes or circumstances of the incident and will await the official conclusions of the investigation,” LPP said.
Police initially said they were investigating whether the fire was intentional and checking public claims of a “concrete group,” without naming it.
They later said investigators with security services were probing the incident under a section of the criminal code dealing with terrorism.
“Based on what we know so far, it is likely the incident may be related to a terrorist attack,” Interior Minister Lubomir Metnar said.
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Trump Calls NATO ‘Cowards’ Over Lack of Support in Iran War
US President Donald Trump speaks on the day he honors reigning Major League Soccer (MLS) champion Inter Miami CF players and team officials with an event in the East Room of the White House in Washington, DC, US, March 5, 2026. Photo: REUTERS/Jonathan Ernst
President Donald Trump assailed NATO allies on Friday over their lack of support for the US-Israel war against Iran, calling the longtime US allies “cowards.”
“Without the U.S.A., NATO IS A PAPER TIGER!” Trump said in a social media post.
Trump has been calling for major US allies and others, none of which were consulted or advised on the war, to help secure the safety of shipping through the Iran-controlled Strait of Hormuz. The conflict has roiled global markets since US-Israel strikes began on Feb. 28.
The US president complained NATO countries did not want to join the fight against Iran, yet still complain about high oil prices.
“Now that fight is Militarily WON, with very little danger for them, they complain about the high oil prices they are forced to pay, but don’t want to help open the Strait of Hormuz, a simple military maneuver that is the single reason for the high oil prices. So easy for them to do, with so little risk,” he wrote.
“COWARDS, and we will REMEMBER!”
Germany, Britain, France, Italy, the Netherlands, Japan, and Canada pledged in a joint statement on Thursday to join “appropriate efforts to ensure safe passage through the Strait.” But German Chancellor Friedrich Merz made clear that this presupposed an end to combat.
French President Emmanuel Macron said after a European Union summit in Brussels that defending international law and promoting de-escalation was “the best we can do,” adding: “I have not heard anyone here express a willingness to enter this conflict — quite the opposite.”
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Ukraine Deploys Units to Five Middle East Countries to Intercept Drones
A Sting interceptor drone by the Ukrainian company Wild Hornets flies at an undisclosed location in Ukraine, March 16, 2026. Photo: REUTERS/Thomas Peter
Ukraine has deployed military units to five Middle Eastern countries to help protect critical and civilian infrastructure against drones, Ukrainian security council secretary Rustem Umerov said on Friday after visiting the region.He said the teams had been sent to the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, and Jordan, which have come under fire during the Iran war. Further steps for “long-term security cooperation” have been outlined with each of the five nations, he said, without giving details.
“Ukrainian military specialists are operating in each of these countries under the coordination of the National Security and Defense Council,” Umerov wrote on X.
Kyiv has said nearly a dozen countries have sought its help and advice in defending against cheap kamikaze drones, which Iran is using against its Gulf neighbors. Russia has launched similar drones at Ukraine since its 2022 invasion, and Kyiv has developed its own advanced interceptor drone capabilities.
Although Gulf states operate sophisticated US-made air defense systems, the missiles they use are in short supply and they cost much more than Iran’s Shahed drones.
Moscow has bombarded Ukraine with nearly 60,000 Shaheds and similar systems. It initially bought thousands of them from Iran, before establishing its own production facilities to make them under license. Ukraine has also launched drone attacks at Russia, although on a smaller scale.
UKRAINE WANTS MONEY AND TECHNOLOGY IN RETURN
President Volodymyr Zelenskiy said last week Kyiv wanted money and technology in return for its help in the Middle East although this still had to be agreed.
Zelenskiy has said the United States was among nations that sought Kyiv’s help, and that Ukrainian specialists had been sent to a US military base in Jordan.
He said Friday that Kyiv has deployed 228 Ukrainian military experts to help Middle Eastern countries with drone defense and is working with Middle Eastern leaders to sign “serious agreements.”
Zelenskiy also told reporters that Ukrainian and US working groups would continue work on bilateral documents between Kyiv and Washington and discuss a wide-ranging drone deal at a meeting in the US at the weekend.
US President Donald Trump, who has a rocky relationship with Zelenskiy, has denied Washington needs Kyiv’s help in downing drones.
Umerov said on Friday that drone interception units were initially protecting civilian and critical infrastructure, and work was under way to expand their coverage areas.
The teams were using Ukrainian technology to counter drone attacks and partners were consulting with them, he said.
Zelenskiy said he had ordered Umerov, the military and the foreign ministry to assess “the real readiness” of countries to join international initiatives to secure the Strait of Hormuz, an important waterway for global energy supplies effectively closed since US-Israeli attacks began on Iran on Feb. 28.
“It is important that Ukraine‘s global significance in ensuring security and the quality of Ukrainian security expertise in safeguarding lives are recognized by all partners,” he wrote on Telegram.