Nov. 18-22
5 days – 5 banks
Bank of America, Chase, Citibank, and Wells Fargo, Morgan Stanley
The major U.S. banks are among the worst offenders funding fossil fuel. And, these U.S. banks are among the worst offenders of nuclear weapons financing as well–another link in the long list connecting nuclear weapons and the climate crisis.
The 29th UN Climate Change Conference(COP29) is being held in Azerbaijan from November 11th to the 22nd. There will be a big focus on climate finance. We are adding our voices to the growing pressure on those still banking on climate chaos.
Trillions of dollars are required for countries to reach net 0 greenhouse gas emissions and protect their lives and land from the worsening impacts of climate change. Without significant climate financing and investments, there is just no way to reach the climate goals necessary to maintain life on this planet.
There is also no way to reach our climate goals unless we stop burning fossil fuels ASAP. And yet, even in the face of both dire realities, the biggest banks in the US continue to finance, invest in, and profit from the burning of fossil fuels.
Every dollar spent on expanding the fossil fuel industry could mean decades of worsening climate chaos. Every dollar spent perpetuating the nuclear weapons industry increases the risk to every life on this planet. We must act now to stop the financial institutions accelerating these two existential threats.
This is part of an ongoing Warheads to Windmills Coalition Campaign to pressure the profiteers behind nuclear weapons and fossil fuels. To receive these Action Alerts, sign up for the Warheads to Windmills mailing list here and make sure you opt in for Action Alerts! If you are already subscribed to the Warheads to Windmills mailing list, make sure you update your preferences to opt in for Action Alerts. Stay tuned for 3pm ET each day as we share more information on what these banks are doing, and actions you can take to Pressure the Profiteers.
