BANKING ON OUR FUTURE!
This month’s action is to sign the Banking on our Future pledge, a campaign from THIRD ACT to get the big four banks to STOP lending to fossil fuel companies. It’s quick and easy, and could have a big impact! These four banks–Bank of America, Chase, Citibank, and Wells Fargo, are funding climate chaos with no plans to stop. You can help change that by signing the Pledge:TAKE THE PLEDGE!
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.
But these banks rely on their credit card and banking customers to stay in business. An effective consumer campaign could exert powerful economic and social pressure on them to stop funding the destruction of a stable climate through fossil fuel investing. You can help by pledging that by the end of 2022, if these banks are still funding fossil fuel projects, you will cut up your credit card and close your account with them. If you don’t bank there now, you pledge you won’t do so in the future.
To check your bank’s fossil fuel financing record:
Bank.green, a tool rating various banks on their fossil fuel financing record
Resources to find better credit cards for the climate:
Green America’s list of credit cards issued from banks that don’t lend to fossil fuel companies.