The 50 biggest CO2-Producers called to take responsibility for the effects of climate change

On 22.September 2015, Greenpeace Southeast Asia and Philippine typhoon survivors drafted a petition requesting that the Philippine Human Rights Commission investigate the responsibility of carbon majors concerning climate change. Amnesty International, Attac and further organizations also signed the complaint.

Man-made climate change originates from decades of high greenhouse gas emissions, which were mainly pushed forward by the economic interest of oil, gas, cement and coal companies.   ... →

Leading responsible banks pledge to quit coal as climate summit approaches (Pressrelease BankTrack)

Co-operative Bank and Triodos Bank bring Paris Pledge signatories to 18

19 November 2015, Nijmegen

Today the UK’s Co-operative Bank and Netherlands-based Triodos Bank became the latest banks to confirm they will continue to steer clear of providing finance for coal mining and coal power, by signing BankTrack’s Paris Pledge. [1]   First signed by six banks in early September, today’s commitment from two of Europe’s leading responsible banks brings the total number of Paris Pledge signatories to 18, from ten countries around the world.   ... →

New report: Fossil fuels receiving over 9 times more finance than renewable energy

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The world’s 25 largest private sector banks channelled at least USD 931 billion into fossil fuel companies in the period 2009-2014, according to a new report launched today by Fair Finance Guide and BankTrack, while over the same period the banks’ financing of renewable energy totalled USD 98 billion.

Alexandre Naulot, spokesperson at Fair Finance Guide International, said: “This analysis, the first international study to compare private sector bank financing of fossil fuels and renewable energy, identifies the alarming priority that banks have been giving to dirty energy over clean energy since 2009, the year of the Copenhagen climate summit.   ... →

World Council of Churches advises its members to refrain from fossil fuel investments

Climate change is a concept that over the past few years has become an international concern and now seems to have gained popularity amongst church representatives. Last week, the World Council of Churches, officially responsible for more than 550 million Christians in over 110 countries, asked its members to take a more socially responsible approach when investing money, requesting its associates to especially refrain from financially supporting companies, which by burning fossil fuels contribute to an increase in the global CO2 emissions.   ... →