Investing in climate solutions? An exploration of the discursive power and materiality of fossil fuel divestment campaigns in Scotland

Divestment is a climate change initiative that aims to persuade institutions, businesses, and governments to remove their financial investments from fossil fuel industries and instead invest in zero-carbon climate solutions. It has, however, also been conceived as an ongoing gateway tactic to curb long-term climate change and simultaneously secure social and environmental justice. Divestment has attracted global attention and is currently employed by numerous universities, religious institutions, art galleries, museums, and national and local governments, in various countries, including Scotland. However academic analysis of the movement remains underdeveloped. This article addresses such absence by giving a voice to the motives, tactics, and rationales as expressed by campaigners themselves. It identifies the collective action frames constructed by Scottish fossil fuel divestment campaigns in order to facilitate mobilisation and alignment with other climate change movements. A key premise of this article is to also explore the power of such frames to motivate action and to assess the extent to which divestment campaign groups can impact government discourse and policy. As such the article concludes by considering whether and how far divestment frames and discourses may have come to inform the climate change policy of the devolved Scottish Government.