Big Banks Face Stark Climate Choices as Tar Sands Pipelines Rammed Through Amidst Escalating Pandemic
Contentious Keystone XL and Line 3 pipelines present major test of banks’ commitments on Indigenous rights and the climate As the U.S. enters its the deadliest phase yet of the…
JPMC Commits to Align with Paris Climate Accord; Watchdog Group Warns Commitment Falls Far Short
Following years of campaigning against world’s largest banker of climate chaos, Rainforest Action Network responds to news of company’s Paris Alignment commitment SAN FRANCISCO, CA — In response to the…
Chasing Down Chase
JPMorgan Chase is the world’s worst fossil fuel banker — but the pressure to change is mounting. This year, CEO billionaire Jamie Dimon, and the rest of the bank’s senior management team got a warning from their shareholders they can’t afford to ignore.
Challenging Banks,
the Fossil Fuel Funders
For years, RAN has been pushing big banks to cut financing to new and existing fossil fuel projects — especially the particularly destructive ones like tar sands, Arctic, offshore oil & gas, fracking, coal mining, coal power, and liquefied natural gas (LNG). If we are to have any chance of stopping the devastating impacts of climate change, banks must completely phase out their support for fossil fuels, starting with these devastating projects.
People are Stopping Toxic Pipelines and Terminals
To ensure our future, and a liveable climate, we must stop expanding the very industries that are causing climate destruction. Banks and insurance companies have the power to change the world by withholding financing and insurance from any new fossil fuel projects. Frontline Indigenous communities and local and national environmental and climate justice organizations have joined forces, putting the pressure on dirty energy companies and their financial backers to be on the right side of history, and we are winning.
Forests Fight for the Climate
Forests are one of the best defenses against the climate crisis. And Forest Defenders are our greatest champions against deforestation. So our best solution to the climate crisis? Respect Indigenous rights to Keep Forests Standing. We’ve had the solution all along.
Climate Change
Climate change is a global crisis that will impact every single person and living being on this planet. The science couldn’t be clearer: According to the latest UN climate report, we have less than 10 years to cut global emissions in half. It’s time to get to work.
Coal, Tar Sands and Fracked Gas: Fueling Climate Change
Climate change has played a heavy hand in making weather events more serious, and sometimes more often. And where there isn’t more rain, there are longer, and more frequent droughts that lead to longer, more dire fire seasons. Extracting fossil fuels like coal, tar sands, and fracked gas are contributing to climate chaos at an alarming rate, and so are the institutions that finance this dirty energy.
Citi Becomes Second Wall Street Bank to Join Carbon Accountability Initiative; RAN Responds
In response to the announcement of Citi’s five-year 2025 Sustainable Progress Strategy, including joining the Partnership for Carbon Accounting Financials (PCAF), Jason Opeña Disterhoft, Rainforest Action Network Climate and Energy…