Event: Plastics – the last straw? Banks and their impact on global plastic pollution

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| Bild: Facing Finance

Invitation to the Digital Brunch at
October 28, 10:00-11:15 am (CET)

From plastic bottles that will not degrade for another hundred years, to conventional or supposedly biodegradable disposable bags and the tiniest microplastic particles – the negative consequences of our never-ending plastic consumption are on a dramatic scale. Residues from synthetic production can be found on beaches as well as in the mountains, fields, cities and in every remote place in the world.

But what do banks have to do with global plastic pollution? One thing is clear: It’s not just credit cards made of plastic that will become plastic waste. More importantly, banks are lending to and profiting from companies that implement harmful business models throughout the plastic lifecycle – from oil extraction to consumption. Facing Finance’s report published in March 2021 “Disposable plastics, indispensable planet” shows how European banks are contributing massively to global plastic pollution through billions in investments and financing.

The Friedrich-Ebert-Foundation and Facing Finance e. V. cordially invite you to our digital Brunch on the topic of “Plastic Profits“, where we will discuss the business of single-use plastics with representatives from civil society, politics and the finance industry and what changes are needed for a more ecologically sustainable future, so that livelihoods for all are preserved. Special attention will also be paid to the ecological and social consequences of plastic consumption, not only in Germany but also in the Global South.

We are looking forward to the discussion with you!

Organizational information and registration

The event will be simultaneously interpreted in German and English.

For further information, please refer to the → program.

Please register via the following link: https://www.fes.de/lnk/plastics-the-last-straw

The registration deadline is October 26. You will receive the access data to Zoom by email one day prior to the event

Data Protection

This online debate will be hosted through the online video communications platform ZOOM, a service provided by ZOOM Video Communications, Inc., a company based in the United States of America. On the basis of a bilateral contract, approved by the European Commission, the Friedrich-Ebert-Stiftung and ZOOM have agreed that ZOOM will limit itself exclusively to the collection and processing of the data required for hosting the online debate. For further details, please visit the “ZOOM Global Data Processing Addendum”, which you can access here.