BANKING ON OUR FUTURE!
Four big banks–Bank of America, Chase, Citibank, and Wells Fargo–are helping finance the climate crisis by supporting new oil, gas and coal projects. But these banks rely on their credit card and banking customers like you to stay in business. By signing the Banking on our Future pledge, you’re asking these banks to stop funding climate chaos by the March of 2023, or you will cut up your credit card and move your money with them. If you don’t bank there now, you pledge you won’t do so in the future.TAKE THE PLEDGE!
Why this action is so important: Last year, the International Energy Agency stated that in order to meet the Paris climate targets there can be no new investments in oil, gas, or coal, starting immediately. Yet since the climate accords were signed, Chase, Citi, Wells Fargo and Bank of America have loaned the fossil fuel industry a trillion dollars with no plans to stop. We, as their customers, have the ability to convince them to do the right thing for all our our futures.
Once you’ve signed the pledge, here are two next steps you can take to amplify the impact of this action:
First, If you do have a credit card with Chase, Citicard, Bank of America, or Wells Fargo, apply for a new credit card with a better bank now. That way, you’ll be able to switch cards by March 2023 should it be necessary. To find a good option, use Green America’s list of credit cards issued from banks that don’t lend to fossil fuel companies. Both Beneficial State Bank and Amalgamated Bank offer climate-friendly credit cards with no annual fee.
Second, share the Banking on our Future pledge with your network! Third Act has a Banking on our Future Page on their website with all the resources you need to learn about the action and share with others.TAKE THE PLEDGE!
To learn more about this action, watch a 3-minute video from THIRD ACT: Banking on Our Future
An overview of the connection between financial institutions and the climate crisis, from the New Yorker
Bank.green, a tool allowing you to check your bank’s fossil fuel financing record.
Green America’s List of fossil fuel-free credit cards.