Ever wondered what your pension gets up to when you’re not looking?​

Meet Oblivia Coalmine 🔥​

#FrackingHell

Breaking - research from Make My Money Matter shows that every university with a divestment commitment still banks with a leading fossil fuel financier such as Barclays Bank or HSBC.

If you’ve ever been a student, contact your uni & tell them this is unacceptable

makemymoneymatter.co.uk/universities/

And a shoutout to the sustainable banks mentioned in the newsletter that are giving people better banking options!

Amalgamated Bank
Atmos Financial
Clean Energy Credit Union
Clearwater Credit Union
Climate First Bank
Beneficial State Bank
Sunrise Banks

linkedin.com/pulse/how-swit…

We know the degradation of nature is an existential crisis for people. But it's also a profound threat to the financial system. Great to see the world's central banks releasing a conceptual framework for nature-related risks. Now to move to action: bit.ly/3P9NSep

'While progress is encouraging, important work remains to be done for #climate -related matters to be systematically embedded in decision-making across all #banking activities.'

Fabulously insightful report with clear next steps banks could use to get from target to action.

Los Angeles voted 12-0 to ban new drilling and to close all 5,000 existing oil and gas wells in the city. This is a historic victory by STAND-LA and all citizens over the oil industry and environmental racism.

IT CAN BE DONE! Who's next?

#ActOnClimate #climate

“By continuing to pour money into fossil fuels, these banks are telling us that they aren’t serious about meeting their climate commitments,' Adele Shraiman, senior campaign strategist for the Sierra Club's Fossil-Free Finance campaign, told Sierra.

sierraclub.org/sierra/banks-u…

Rather than cut fossil fuel clients adrift to be eaten alive by a new generation of clean tech companies, it’s far less awkward for banks to keep the money flowing under the banner of “transition finance”.

Today's FT Moral Money:

ft.com/content/281b2e…

NEW REPORT: Big banks including Barclays Bank, Chase, Bank of America & Citi are propping up deadly coal plants across the US. 🏦🏭⚠️

These banks won’t directly fund coal projects, but giant loopholes allow them to keep funding the companies operating them.
sierraclub.org/press-releases…

Inspirational resolve!

@Reuters_IMPACT is where global leaders dare to tackle the most difficult questions on #climate ahead of #COP28UAE .
Looking forward to driving the discussion – see more about the summit here:
bit.ly/3JXXxTB
#ReutersIMPACT

The great editor alan rusbridger on the insanity of British politics: amid record heat, the government is opening up vast new oil leases.
(American politics much too similar)
prospectmagazine.co.uk/views/columns/…

Big Tobacco knew the dangers of its product. They spread misinformation. The Department of Justice held them accountable.

Big Oil knew the dangers of its product. They spread misinformation. It’s time to hold them accountable, too.
truthout.org/articles/sande…

Central banks and financial supervisors are essential to securing finance for a low-emissions, resilient world (a key part of the #ParisAgreement ).
In this commentary Joe Feyertag and Nick Robins outline how they can make progress on this goal 👇🏾
lse.ac.uk/granthaminstit…

Research UCL shows the UK could get off oil and gas by 2045

We know our shit - according to Just Stop Oil

But takes the right policies and politicians who are not lining their own pocket with oil blood money 💰 🩸

that is you Rishi Sunak

Great to have you in the White House talking #climate !

🌿 Did you know? Sustainable banking plays a crucial role in combatting climate change and building a greener future. By aligning your finances with your values, you can make a positive impact on the planet.

Here’s how it works…

(a thread 🧵)