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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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Policy News: July 1, 2022

ESA

At stake was the ability to reduce carbon emissions as written in the ‘Clean Power Plan’ regulation under the auspices of the Clean Air Act that gives the Environmental Protection Agency (EPA) power to regulate “the best system of reducing emissions.” New Colombian president pledges to protect rainforest – Associated Press.

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