Get Finance Out Of Fossil Fuels
Follow the Money and Change Where It's Going
Banks, insurance companies, and other big financial players are key levers for stopping the destruction of our communities and climate and instead taking us to a renewable future. Right now, these financial players are continuing to finance endless fossil fuel growth, investing in gas, oil, and coal projects, and creating climate disasters, which are impacting millions of people a year. These big finance firms are also why so many can’t afford homes, get medical treatment, or struggle to keep their lights on. And these same giants whisper in the ears of the government and media, influencing politics and policy, and slowing the energy transition we so desperately need. Along the way, their continued funding of fossil fuels and lack of investment in renewables means we’re not seeing enough finance in a clean energy future. This has to change.
We’re fighting for finance out of fossil fuels and into a just transition.
Big finance is funding fossil fuels -- but should be financing our renewable future.
Learn more & get involved by clicking on the player below.
Banks
Banks are backing the fossil fuel industry: in 4 years, the world’s 60 largest banks invested $3.8 trillion into fossil fuel projects and companies. While many of us do our part to slow climate change, banks use our money to prop up the very companies making climate change worse. Banks should stop funding fossil fuels and instead fund our communities and renewable energy.
Investors
Real climate action from investors is more pressing and important than ever. More often, we’re seeing climate-fuelled extreme weather events debilitating communities across the world and leaving death and destruction in their wake. If climate chaos, enabled by the investment industry, is allowed to wreak havoc on this world, shareholders will have a lot more to worry about than just their profits drying up. Shareholders should be demanding more clean energy policies and financing.
Insurance Companies
The fossil fuel industry depends on insurance coverage for building and maintaining its coal mines, power plants and pipelines. Insurance companies are supposed to protect us from catastrophic risks. Yet when it comes to the largest threat to humanity – climate change – insurers are perpetuating dependence on fossil fuels by insuring new coal, oil, and gas projects.