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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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Was Khamenei Hit? Satellite Images Show Heavy Damage at His Compound
Iran’s Supreme Leader Ayatollah Ali Khamenei speaks in a televised message, after the ceasefire between Iran and Israel, in Tehran, Iran, June 26, 2025. Photo: Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS
i24 News – Satellite images published Saturday by The New York Times show heavy damage at the Tehran residence of Iran’s Supreme Leader Ali Khamenei, with plumes of black smoke and multiple buildings destroyed or partially collapsed.
The images, captured by Airbus satellites, indicate that facilities used to host senior Iranian officials were among the structures hit.
Israeli sources said the strikes were carried out as part of Operation “Roaring Lion,” targeting senior commanders of the Islamic Revolutionary Guard Corps.
Among those named was General Mohammad Pakpour, the current commander of the Guard forces, who assumed the role after his predecessor Hossein Salami was killed in an earlier operation. The sources added that Ali Shamkhani, secretary of Iran’s Supreme National Security Council, and former council secretary Ali Larijani were also potential targets.
In light of the scale of the destruction, Israeli officials are assessing multiple scenarios, including the possibility that Khamenei himself may have been at risk during the strikes. Iranian authorities have so far denied that Khamenei, the president, or other senior officials were injured.
Preliminary assessments suggest the strikes may have significantly disrupted the Revolutionary Guard’s strategic command capabilities, delivering a direct blow to its senior leadership structure. Officials in Israel and the United States are continuing to monitor developments closely as they await confirmation on the status of the Iranian figures believed to have been targeted.
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US Strikes on Iran Spark Travel Chaos as Airlines Cancel Flights
An Iranian flag flutters, as Israel and the US launched strikes on Iran, in Tehran, Iran, February 28, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Airlines suspended flights across the Middle East on Saturday, including to and from the world’s busiest travel hub Dubai, after the US and Israel launched strikes on Iran.
Flight maps showed airspace over Iran, Iraq, Kuwait, Israel and Bahrain virtually empty after the strikes began, and Iran retaliated with missiles. Blasts were reported in Qatar, home to the biggest US military base in the region, as well as in Abu Dhabi and Dubai, key east-west transit hubs.
“You have crews, planes and passengers stranded all over the world. It’s a massive logistical nightmare,” a Gulf airline source said.
Dubai Airports suspended all flights at Dubai International and at Al Maktoum International until further notice, urging passengers not to travel. Emirates and flydubai temporarily halted operations, while Etihad suspended all departures from Abu Dhabi until 1000 GMT on Sunday.
PASSENGERS STRANDED ACROSS EUROPE
Students traveling from Paris to Dubai said their college trip was abandoned. “We still have some students that went there earlier and they’re stuck in Dubai and we don’t know when they’ll be able to come back,” said Benjamin Gnatek.
At Charles de Gaulle airport, Thai-bound traveler Roman Simon said his onward flight via Doha was cancelled. “Now, we’re trying to find a solution to still make our trip to Thailand,” he told Reuters.
At Doha’s Hamad International Airport, gates were nearly empty as stranded passengers queued to make hotel arrangements, a Reuters witness said.
As countries in the region closed their airspace, aircraft were forced to divert around Larnaca, Jeddah, Cairo and Riyadh. Flightradar24 briefly went down due to surging demand.
AIRSPACE COULD BE CLOSED FOR ‘SOME TIME’
The escalation dimmed hopes for progress on Tehran’s nuclear dispute with the West and reignited conflict after weeks of U.S. military buildup. Middle Eastern airports, among the world’s busiest transit hubs, warned of prolonged disruption.
“Passengers and airlines can expect airspace to be shut for quite some time,” said Eric Schouten, head of aviation security advisory Dyami.
Airlines canceled on Saturday about half of their flights to Qatar and Israel and about 28 percent of their flights to Kuwait, after the United States and Israel launched strikes on Iran, according to preliminary Cirium data.
That number seems likely to rise. In total, about 24% of flights to the Middle East were cancelled, the data showed.
The region has become more important for global aviation since the Russia-Ukraine war forced airlines to avoid both countries’ airspace.
Conflict zones add to operational risks, raising fears of accidental shoot‑downs and lengthening routes, which increases fuel costs.
BRITISH AIRWAYS, LUFTHANSA, CATHAY SUSPEND FLIGHTS
The European Union’s aviation regulator EASA on Saturday recommended its airlines stay out of the airspace affected by the ongoing military intervention.
British Airways, owned by IAG, said it had canceled flights to Tel Aviv and Bahrain until March 3, as well as Saturday’s flights to Amman.
The Russian Ministry of Transport said on Saturday that Russian air carriers had suspended flights to Iran and Israel.
Germany’s Lufthansa said it was suspending flights to and from Dubai on Saturday and Sunday and halting the Tel Aviv, Beirut and Oman routes until March 7.
Air France and Iberia also cancelled flights to Tel Aviv and Beirut, while Wizz Air suspended flights to Israel, Dubai, Abu Dhabi and Amman.
India put carriers on alert as Air India and IndiGo suspended services.
Hong Kong’s Cathay Pacific Airways suspended operations in the region, affecting passenger flights to and from Dubai and Riyadh, as well as freighter services operating through Al Maktoum airport in Dubai.
REGIONAL CARRIERS AFFECTED
Qatar Airways and Kuwait Airways temporarily suspended flights, while Turkish Airlines also cancelled flights to several Middle Eastern destinations.
Kuwait’s aviation authority said it was halting all flights to Iran until further notice, according to the state news agency, while Oman Air said it had suspended all flights to Baghdad due to the regional developments.
KLM, the Dutch arm of Air France-KLM, has brought forward the suspension of its Amsterdam–Tel Aviv service, cancelling the flight scheduled for Saturday after strikes in Iran, a spokesperson said.
The airline had announced on Wednesday that flights would be halted from Sunday, March 1. Only one flight to Tel Aviv had been scheduled for Saturday.
Virgin Atlantic said it had decided to temporarily avoid Iraqi airspace, resulting in some re-routing of its flights.
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US-Israeli Attack Triggers Fear and Panic in Iran
Buildings stand, after Israel and the US launched strikes on Iran, in Tehran, Iran, February 28, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
Iranians fled cities in search of safety, and long queues formed at fuel stations as an attack on Iran by the United States and Israel spread fear and panic throughout the country.
When the strikes began on Saturday morning, explosions rocked Tehran and columns of smoke rose into the sky, shaking the city at the start of the Iranian working week.
Residents reached by phone described scenes of chaos and alarm as they rushed to collect their children from school or made preparations to leave home for now.
“We are going to our hometown in Yazd, Tehran is not safe anymore. They said roads are safe, but I am worried,” said Gholamreza, a Tehran shopkeeper and father of two. “I am leaving everything behind in Tehran.”
It marks the latest upheaval for Iranians weeks after thousands of people were killed in a government crackdown on nationwide unrest, and comes just eight months after last year’s 12-day war with Israel, during which the United States bombed Iranian nuclear sites.
Iran’s top security body said it expected attacks to continue on Tehran and some other cities, and urged people to “travel to other cities where possible so that you may remain safe from the harm of these two regimes’ acts of aggression.” Schools and universities would be closed until further notice.
“We are scared, we are terrified. My children are shaking, we have nowhere to go, we will die here,” said Minou, a 32-year-old mother of two from the northern city of Tabriz, one of many areas where explosions were reported.
“What is going to happen to my children?” she said, crying as she spoke by phone.
US President Donald Trump said the operation would end a security threat to the United States and offer Iranians a chance to topple their rulers. The Pentagon said that US strikes against Iran were named “OPERATION EPIC FURY.”
An Iranian from the central city of Yazd said he hoped the attack would topple the clerical establishment that has run the country since the 1979 Islamic Revolution. “Let them bomb,” the resident of Yazd said.
Samira Mohebbi, speaking from the northern city of Rasht, disagreed.
“I am against this regime, to hell with them. But I don’t want my country to be attacked by foreign forces, I don’t want my Iran to turn into Iraq,” she said, referring to the neighboring country that suffered years of chaos and bloodshed following the U.S.-led invasion that toppled Saddam Hussein.
‘THEY FOOLED US AGAIN’
Security forces blocked roads in the area of Tehran that is home to the offices of Supreme Leader Ayatollah Ali Khamenei, President Masoud Pezeshkian and parliament, witnesses said.
The latest round of negotiations between the United States and Iran in Geneva on Thursday failed to secure a breakthrough over Tehran’s nuclear programme, though Omani mediators reported progress.
“They said the nuclear talks are going well. They fooled us again,” said a resident of Tehran.
Zohreh, 28, said she would leave the port city of Bushehr with her three-year-old daughter and go to her parents’ home in a village in northern Iran.
“Why are we paying this price? I want my daughter to grow up safe and in peace,” she said.
Western governments have long suspected Iran aims to build a nuclear bomb. Tehran has always denied this.
Witnesses said people were rushing to buy hard currency.
In Isfahan, another area where attacks were reported, some said they were unable to withdraw cash from ATMs.
Reza Saadati, 45, said he was taking his family to the city of Urumieh near the Turkish border. “If the border is open, we will cross and then fly to Istanbul,” he said.
Mohammad Esmaili, 63, speaking from the town of Ilam, some 500 km (300 miles) from Tehran, said he would leave the town with his family. “God knows what will happen to us. Pray for us,” he said.
“People are shocked, scared. What is going to happen to us? Save us please,” said a woman from Tehran.