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...
The recent leak of a draft of the next IPCC report (Intergovernmental Panel on Climate Change) warns that recovery from climate breakdown may be impossible as the impact of tipping points leads to far-reaching and perhaps irreversible disaster. Well,...
According to the Banking On Climate Chaos 2021 report, between 2016 and 2020, (since the Paris Agreement), the world's 60 largest banks financed fossil fuels to the tune of USD 3.8 trillion. Another recent report, Fossil Assets: the New...
"Despite Canada’s climate change commitments, the country’s “big five” banks continue to finance and support the expansion of fossil fuel industries," writes Donald Gutstein in a recent report: Fossilized Finance - How Canada's banks still enable oil and gas...
Carole Holmes is Co-Chair of GASP, Grandmothers Act to Save the Planet. As a grandmother she has deep concerns for the environmental health of the planet her grandchildren will inherit. In this post she tells her story about how...
Did you know that there are roughly 7.5 million grandparents living in Canada? And many, like Lorraine Green (and myself), have become climate activists, deeply concerned about the legacy we will leave our grandchildren. We know that we're in...
The 2021 Banking on Climate Chaos report is the most comprehensive analysis on fossil fuel banking produced to date. Since the Paris agreement in 2016 the Big 5 Canadian banks have funded over $700 billion in fossil fuel projects...
Despite a massive global drop in fossil fuel demand and production during the pandemic, banks’ 2020 fossil fuel financing numbers still remained above 2016 levels, and the overall trend of the last 5 years is still heading in the...
"Polluting industries are overwhelmingly represented on the boards of the UK’s banks by directors with past and current connections to high-carbon and environmentally damaging companies," reports a new DeSmog analysis "prompting concerns that the boards’ personnel pose a systemic...