Sign the open letter now.
Open letter
To all Australian banks,
As the funders for many of our biggest and boldest projects, you hold the unique power to direct huge money into solutions to the climate crisis — and away from making it worse. We urge you to invest in our future, not coal and gas. We call on you to:
- Set a deadline — 2030 or earlier — to end all your investments in thermal coal
- Rule out funding any new or expanded thermal coal, oil or gas projects
- Ramp up funding for climate solutions like clean energy
Latest Supporters
Every bank needs to start being constructive not destructive in its investment. NOW!
As a volunteer fire fighter I regard this issue as a top World priority
To all banks. This is what I want from you a.s.a.p.:
Set a deadline — 2030 or earlier — to end all your investments in thermal coal
Rule out funding any new or expanded thermal coal, oil or gas projects
Ramp up funding for climate solutions like clean energy
Kathe Robinson. Things have to change. The present production system is unsustainable. We,(by way of and our relation with the banks) , support the fossil fuel industry which is destroying peoples lives and by heating up the planet. Time to help things change by funding renewables and getting out of dangerous investments in what is an archaic industrial economy.
Given the paralysis of the Federal government on this matter, it is incumbent on the rest of us to show government how it is achieved. The banks should also use whatever influence they have to push for transition planning now.
Rather than funding old coal technologies & stranded assets, surely a smarter business option is to fund renewable technologies which have better current & future growth potential. Given inadequate Federal Government action, corporations must lead the way on this. Organisations doing this are rapidly gaining respect & kudos in the community.
Danielle-France Laplace Spence
We need to act as if if we were all in the fight against unthinking development together.
Climate change and corporate greed have led to environmental destruction and indirectly the corona virus, a portent of the future.