Divest or engage to meet climate commitments?

According to former Bank of England governor Mark Carney, crises in finance, health, food, energy, and geopolitics mean the world cannot divest itself to net zero. How do we, therefore, reconcile net zero goals with the near-term imperatives to support many households impacted by the surge in the cost of living? Does the long-term objective of cutting all portfolio exposure to fossil fuel companies still make sense?