The Royal Bank of Canada (RBC) abruptly cancelled the in-person portion of its AGM as Wet'suwet'en chiefs were set to confront the bank about financing the @CoastalGasLink fracked gas pipeline. That was not a coincidence? Carole Holmes of GASP...
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. Banks continue to fund...
"Canadian banks, insurance companies and asset managers have pumped millions into Russian-owned oil and gas companies that have flowed into the petrostate’s war chest," wrote the National Observer in a recent article.
Dependence on Fossil Fuels is Dangerous
The world's addiction...
Seventy-eight Public Interest Groups are calling on Canada’s biggest banks to drop investments in nuclear power, including so-called Small Modular Reactors (SMRs) from their fossil-free and ESG* investment portfolios. A letter sent to the banks emphasizes that nuclear power...
A new report finds that American banks and investors are not just fueling the climate crisis but they're also setting up the next economic crash.
"If we are going to avert the worst ecological impacts of climate change and avoid...
On October 29th, 2021, Land defenders and grassroots activists took action at more than 30 RBC bank branches across Canada to stop RBC from financing the climate crisis and assaulting Indigenous rights. Globally, young people, land defenders, and allied...
#RBCisKillingMe is a global day of action to shine the light on RBC, Canada's largest fossil bank and one of the world's largest funders of fossil fuels and abusers of Indigenous rights.
(This post is sourced from the LeadNow Action...
"In the lead up to the critically important COP26 climate summit, Canada’s largest bank, the Royal Bank of Canada (RBC) inked a new deal to underwrite a CAD $1.5 billion bond for Enbridge which is currently expanding fossil fuel...
The world needs every weapon in its climate arsenal to tackle the unprecedented existential threat of climate change. Oil Change International (along with an impressive list of collaborators) has just released a report that shows how central banks are...
Canadian banks are playing a growing and globally significant role in fueling climate destruction and are more exposed to climate risk than they are telling their shareholders according to data in a new Greenpeace report. The report finds that prior...