Today, the Government of Alberta announced that it would support TC Energy’s Keystone XL oil pipeline, with a direct investment of more than USD 1 billion.
#StopFundingFossils
Leading banks have poured $2.7 trillion into fossil fuels since Paris, fueling climate chaos
A new report highlights how 35 leading global banks have provided a staggering USD $2.7 trillion to fossil fuel companies since the Paris Agreement in 2015.
The world is on fire, but all Trump offers is a mop and bucket
Greta Thunberg told delegates at Davos that “Our house is still on fire. Your inaction is fueling the flames by the hour.”
Is BlackRock announcement “beginning of the end for fossil-fuel system?”
“When the world’s largest asset manager, BlackRock places sustainability and climate risk at the center of its investment approach, and commits to stronger sustainability advocacy actions, it is game-changing for capital markets.”
Scarce Progress and Serious Disagreements: Another UN Climate Summit Draws to a Close
As yet another UN climate summit draws to a close without showing any real sense of urgency commensurate to our climate emergency, campaigners have criticised the UN process for being in a “parallel universe” and being riddled with conflicts.
Major victory as EIB ends fossil fuel financing by 2021: Other banks must now follow
Yesterday, the EIB announced it will end financing for fossil fuel energy projects from the end of 2021.
As Climate Rebellion Spreads, UK Gov. Risks “Carbon Blowout” By Investing in Gas
As Extinction Rebellion shuts down parts of London and other major citities, with ironic timing, the UK has approved four new gas-fired turbines against the advice of its own inspectors.
Open Letter to EIB President: It’s time to stand firm and go Fossil Free
Over 70 organizations call on the European Investment Bank (EIB) leadership to stand firm behind a draft lending policy that, if adopted, would rule out future fossil fuel financing from the bank.
70+ civil society groups call on European Investment Bank to stand behind proposal to stop funding fossil fuels
Over 70 organizations have sent a public letter to European Investment Bank (EIB) leadership, calling on them to stand firm behind a draft lending policy that, if adopted, would rule out future fossil fuel financing from the bank.
Response to African Development Bank’s commitment to stop financing coal
“This is a critical step to clean renewable energy for frontline coal communities and a climate just future for all,” said Thuli Makama in response.