Stop fossil fuel finance and invest in the just transition
Governments and banks still pour billions into fossil fuels every year. It's time to halt fossil finance and invest in a clean and sustainable future where people and the planet can thrive!
For decades, fossil fuel companies have been using their money and influence to block every serious attempt to stop the climate crisis. We won’t let them celebrate massive profits made on our backs, over and over again. We need a just and clean livable future for all, one which protects ordinary people everywhere from taking on the cost of this crisis big energy companies caused.
Financing any new fossil fuel project, anywhere, is unacceptable. It’s time for banks, public funders and insurance companies to stop backing fossil fuel companies and infrastructure, like new pipelines, fracking drill rigs or coal power plants – and start investing those resources into a just and equitable transition to renewables!
We know the money to fund real, community-centred renewable solutions exists – and we must take it. Join us!
We believe in our collective power for stopping the climate crisis. And every and each one of us can make a difference.
Tell Marsh: Drop the East African Crude Oil Pipeline
COP28 must underpin the tripling of renewables with tangible political commitments and processes to unlock finance: debt cancellation at scale, $100 billion in concessional finance, and $200 billion in grants yearly.
At 350.org, we believe in the power of information and collaboration. Although the financial world works to make itself look inaccessible and daunting, together we will overcome their efforts to block our influence.
Here is some more in-depth content on fossil fuel finance, from 350.org, our partner organizations, or the media.
Financing Fairly 2022: report exploring the role of public finance institutions in Southern Africa in financing the climate crisis
ICBC Renewable Energy Investments: this report finds that ICBC – the world’s biggest bank – is double-dealing on global energy finance, massively increasing its financing to dirty energy instead of renewables in the last 4 years