Cambridge University is to cut all investments and ties with fossil fuels within ten years after pressure from eco-conscious students.
The prestigious institution will use its £3.5 billion endowment fund to increase investments in renewable energy as part of its plan to reduce its greenhouse gas emissions to net zero by 2038.
It comes after a series of student-led campaigns over the university's links to the fossil fuel industry.
In February, Extinction Rebellion activists dug up the lawn of Cambridge's Trinity College as part of protests.
The university said donations will be scrutinised to ensure that the donor candemonstrate compatibility with Cambridge's objectives on cutting greenhouse gas emissions before any funding is accepted.