Quantcast
More than 400,000 people demanded Credit Suisse stop financing in environmentally harmful projects like pipelines and tar sands. Greenpeace

By Leola Abraham

Growing Resistance

The banking industry should stop funding extreme fossil fuel pipeline projects that impact the climate and violate human rights. These projects are risky for banks as they face mounting pressure from a growing resistance movement and increased reputational risk in a world that is recognizing the urgent need to rapidly tackle climate change to avoid climate catastrophe.

Read More Show Less
TIMOTHY A. CLARY / AFP / Getty Images

By Lindsey Allen

On Oct. 16, JPMorgan Chase, Wells Fargo, Crédit Agricole and 91 other global banks met in Washington, DC, to revise the Equator Principles, industry-led due diligence standards meant to prevent banks from supporting environmentally and socially harmful projects.

Read More Show Less

EcoWatch Daily Newsletter

At a rally in front of the New York Stock Exchange on Tuesday, community and social justice groups demanded that New York City divest from Wall Street and establish a public bank. 0debtzone / Twitter

Chanting, "Wells, Chase, B of A, public bank's a better way!" social justice groups rallied at the New York Stock Exchange on Tuesday to demand that New York City divest from Wall Street banks and establish a public bank that is "expressly chartered to serve the public interest."

Read More Show Less
Sponsored
Sponsored