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This model ordinance requires that a municipal public fund create a list of fossil fuel companies that match specific criteria and divest all direct and indirect holdings in companies on this list over a 3-year period. This model allows for temporary suspension of divestment actions when financially prudent, as well as requiring efforts to minimize the costs to public funds. This model also urges fiduciaries of local government investment pools to divest from fossil fuel companies. And this model provides a range of policy options, from urging asset managers of participant-directed retirement funds to create investment offerings that are devoid of holdings in fossil fuel companies, to reinvesting funds in socially responsible investments, to urging credit rating agencies to factor climate risks into their ratings of publicly held companies.