December 31, 2021
Wishing fossil fuel financiers a rocky new year
This article by Stand.earth’s Richard Brooks was originally published in the National Observer.
This article by Stand.earth’s Richard Brooks was originally published in the National Observer.
Earlier today Greenpeace Canada activists blocked the entrance to a downtown Toronto bank tower. They suspended climbers from fifteen foot high tripods as part of a call for Canada’s big five banks to stop funding fossil fuels and to respect Indigenous rights.
As news spread of the latest militarized RCMP invasion of Wet’suwet’en territory and the arrests of peaceful protesters and even independent media, many partners in the RBC / Canadian fossil banks campaign decided to direct their attention and resources to help with coordination and amplification of efforts led by the land defenders.
Canadian Mark Carney leads the Glasgow Financial Alliance for Net Zero (GFANZ). It’s a collection of over 450 financial institutions around the world, working to “accelerate the transition to a net-zero global economy”.
Just before the start of the UN climate conference, hundreds of people across Canada showed up to deliver a message to Canada’s biggest fossil fuel funder, RBC: it must divest from fossil fuels and respect Indigenous rights!
Montreal / Toronto / Vancouver — Thousands of Canadians across the country are today protesting Canada’s largest bank, RBC, which refuses to stop financing fossil fuels.
The #DefundClimateChaos day of action is this Friday, 29th of October is just days away.
Readers of the Globe and Mail didn’t fall for the bait and switch editorial by Dave McKay last week.
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.
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.