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Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

Read on to learn why and how more than a thousand scientists issued an open letter urging JPMorgan Chase shareholders to vote in favor of a time-bound phaseout of financing for new fossil fuel development and exploration at the bank’s annual meeting on May 16. degrees Celsius (2.7 C above preindustrial levels.

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Banking Against Science: Financial Institutions Continue to Fund Climate Destruction

Union of Concerned Scientists

At the start of the recent COP 27 climate meeting in Egypt, a United Nations report on the role of financial institutions in controlling climate change said, “There is no room for new investment in fossil fuel supply.”. With COP 27 now concluded, fossil fuel investment remains the elephant in the room.

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Emergency?

Legal Planet

A 2022 Rainforest Action Network repor t found that “fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in fossil fuel financing in 2021 alone.” The biggest US bank investors in fossil fuels? “At

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Centering Public Health at the UN Climate Talks

Legal Planet

While everything is connected to our ecosystems, and our oceans and rainforests are essential, people are most impacted and vital. By contrast, this year there was an unprecedented number of fossil fuel lobbyists in attendance. Fossil fuel emissions cause respiratory conditions, lung cancer, stroke, and heart disease.

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Climate Policy in the World’s Fourth Largest Country

Legal Planet

Over three-fourths of Indonesia electricity comes from fossil fuels: 60% from coal and 16% from gas. Indonesia has the third largest rainforest after Brazil and Congo. Poorly targeted fuel subsidies remain for highly polluting options such as subgrade fuels, sustaining reliance on these highly polluting options.”

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Mexico y el Cambio Climático

Legal Planet

The geography is extremely diverse, featuring high mountains, deserts, and rainforest. AMLO has come under criticism for his commitment to fossil fuel production and refining in Mexico. Because of its geography, Mexico is vulnerable to climate impacts. Like other populist leaders, he has not been friendly to climate action.

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Release: Nearly all COP27 sponsors are either major polluters or enablers of fossil fuel industry

Corp Watch

Photo Gallery Image Coca Cola Protests at World Social Forum, 2004, Mumbai, India PHOTO Knut-Erik Helle Read More Image Protesting Coca-Cola PHOTO Adolfo Lujan Read More Image Protest gegen Coca Cola photo Rettet den Regenwald e.V.