Banks

Banks are backing the fossil fuel industry: From 2016 to 2020, the world’s 60 largest banks invested $3.8 trillion into fossil fuel projects and companies. That’s a lot of coal mines, pipelines, and dirty factories. While many of us do our part to slow climate change, banks use our money — the cash we deposit or pay on our mortgages — to prop up the very companies making climate change worse.

Banks need to stop lending money to fossil fuel companies and their endless expansion projects. Instead, they need to invest in our communities and put money and bonds into projects, packages, and policies that would ensure a clean energy future.