October 15, 2021
Canadian fossil-heavy banks join GFANZ
The news today that Canada’s biggest banks have finally joined Mark Carney’s “Net Zero” banking alliance was met with a giant ho-hum by climate campaigners.
We can’t stop climate chaos if banks like RBC don’t stop funding fossil fuels
Canada’s biggest bank, RBC, talks about “purpose” and says climate change is a critical issue. But its funding practices tell a different story:
$208 Billion in fossil fuels
Since Paris, the fifth biggest fossil bank on Earth
Financing Coastal GasLink + Line 3
Projects that violate Indigenous rights
$14 Billion in Coal
Making RBC the world's 12th largest funder of coal
It’s code red for humanity, but while our planet literally burns, banks like RBC are pouring more fuel on the fire.
Join the growing global movement to stop the funders of climate change.
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October 14, 2021
French bank does exactly what Canadian banks refuse to do
A huge win today for the climate! French bank La Banque Postale announced it is stopping all financing to the oil and gas sectors by 2030.
October 7, 2021
Mark Carney called out for allowing banks to greenwash
As the UN’s special envoy for climate finance, Canadian Mark Carney is one the most prominent leaders in the still new world of climate finance.
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