New York University (NYU), one of the largest private universities in the U.S., has announced plans to divest from fossil fuels, marking a significant victory for the climate movement, after years of student-led activism. According to an August 2023 letter from the chair of the university's board of trustees, "New York University commits to avoid any direct investments in any company whose primary business is the exploration or extraction of fossil fuels." This includes steering clear from funds centered on this industry. The university has already implemented several measures to combat climate change, like reducing greenhouse gas emissions and setting a goal to achieve net zero by 2040. Student-led group, Sunrise Movement, has been at the forefront of the divestment campaign on campus. A senior at NYU and a co-founder of the school's Sunrise chapter said, "I've read a lot of other divestment announcements from other schools, and it's not common for them to name, much less to celebrate, the success of the student groups that got them there." Despite some initial resistance, the ongoing student effort since 2004 has finally paid off, demonstrating the power of organized activism and the increasing recognition of the pressing need for climate action.