Put Your Money Where Your Mouth Is!
Governments are pledging to avert a climate crisis while their economies bankroll and intensify it.
Production of coal, oil, and gas must fall right now to keep global heating under 1.5C. Yet a new UN backed report shows how governments across the world are planning to increase production, while giving much more Covid-recovery money to fossil fuels than clean energy.
And it’s not just public money that is fuelling the climate crisis. A startling new report by the Rainforest Action Network shows how 35 top private banks have invested an eye-watering $2.7 trillion in fossil fuels since the Paris agreement was adopted five years ago. And those investments are increasing year on year.