Fossil Banks, No Thanks!
To sign the Call on Fossil Banks visit their site.
Climate change is impacting the lives of millions of people around the world and it’s being driven in large part by the continued exploration and burning of coal, oil, and gas.
Fossil Banks, No Thanks! has published a press release regarding the launch of a global campaign to push the 38 largest banks financing the fossil fuel industry to publicly clarify their position on the future role of fossil fuels in light of the climate emergency. The campaign calls on these banks to make a public commitment to terminate their support for the fossil fuel industry.
Private sector banks must put an immediate halt in financing the fossil fuel industry. Between 2015 and 2017, these banks — including HSBC, the Industrial and Commercial Bank of China, JPMorgan Chase, MUFG and Santander — were involved in the financing of at least US$ 345 billion for projects and companies in the coal, oil and gas sectors.
Through the campaign, all 38 banks were notified today in an open letter that civil society demands public clarity, before the next UN climate summit in Poland in December 2018, on their view of the relation between climate change and the extraction and burning of fossil fuels, followed by concrete action to end their fossil fuel financing.
A total of 120 civil society organisations from 34 countries have supported the “Global Call on Banks” and we here at Women’s March Global are one of them.
At Women’s March Global, we believe that the Fossil Banks, No Thanks! campaign is necessary because our environment and our climate must be protected and that our land and natural resources cannot be exploited for corporate gain or greed — especially at the risk of public safety and health.
Join us in mobilising the public in demanding from their banks that they take decisive action on their fossil fuel financing by signing the “Global Call on Banks.”
Follow @NoFossilBanks on twitter and use the hashtag
#FossilBanksNoThanks and mention fossilbanks.org on your tweets connecting banks to fossil fuels or climate change to help increase the campaign’s visibility and send more traffic to the website.
Tenzin Kyisarh is the Communications Manager for Women’s March Global.