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Author Topic: New Fossil Banks No Thanks  (Read 498 times)

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AGelbert

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    • Renwable Revolution
BankTrack

Sept 23, 2021

These 60 banks together provided over US$ 3.8 trillion to the fossil fuel industry between 2016 and 2020, with nearly US$ 1.5 trillion going to support the top 100 companies still expanding fossil fuel production and infrastructure.


🦖💰 Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

Banks must announce concrete steps to end their support for the
coal, oil, and gas industry ahead of the Glasgow Climate Summit
(COP26)
, or bear direct responsibility for the further
escalation of the climate crisis, says an open letter sent this week
by BankTrack and partners, with backing of 210 groups globally.

The letter, sent to the CEOs of the world’s largest 60 banks, calls on
bank leaders to show personal courage and leadership in steering their
institutions away from fossil fuels.

Read more:
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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