British book festival threatened with boycott over fossil fuel ties

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British book festival threatened with boycott over fossil fuel ties
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The letter comes in the wake of climate activist Greta Thunberg pulling out of an appearance at this year's event.

Climate activist Greta Thunberg pulled out of an appearance at this year's Edinburgh International Book Festival, after accusing sponsor Baillie Gifford of 'greenwashing.' Photo: AP

If this does not happen, all authors should"commit to boycotting the festival in 2024," the group said. Leading writers including Ali Smith, Zadie Smith and Gary Younge have signed the open letter to festival organisers, accusing investment management firm Baillie Gifford of"making huge profits from global disaster."

The investment management firm rejected Thunberg's claims that it invests"heavily" in fossil fuels, saying just 2% of its clients' money was invested in the sector. The group said they"stand in solidarity with all people harmed by the climate crisis, including people in the global south who have lost their homes, their livelihoods and been forced to migrate."

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