Finance

World’s biggest banks ‘financed fossil fuels by £5.5 trillion since Paris Agreement’

A global day of action calling on banks, asset managers and insurers to stop funding climate chaos will take place this Friday, 29 October 2021.

Parliamentarians and NGOs across Europe have signed joint statements calling for public development banks to respect human rights and stop funding fossil fuels.

Legislation will ban products that breach local laws to protect natural areas, and businesses that do not conduct due diligence on their supply chain will be fined.

C40 Cities launches new guide showcasing the role of city green banks in driving a green and just recovery from COVID-19.

We need strong local economies that are built on the foundation of local, independent businesses and cooperatives designed to meet people's needs.

Climate targets will remain a pipe dream as long as financiers fill the boardrooms of fossil fuel companies, and oil barons are rewarded with prestigious positions in our financial system.

Councils lead charge to ‘build back greener’ by launching UK’s first local government green bond.

GDP does not distinguish between economic activity that adds to social and environmental well-being and economic activity that destroys it.

'Governments need a way to promote a sustainable, equitable transition while reducing the overall debt burden.'

We must push for social and climate justice to be at the heart of recovery efforts as big capital works out how to profit from Covid-19.

BP offers business-as-usual dividend payout despite historic drop in profits.

Day of action calls on governments to cancel debt payments extracted from lower-income countries now hit by coronavirus.

The chancellor must consider all means to raise additional budget to help tackle the coronavirus. 

Climate-conscious consumers could be unknowingly investing £16 billion in fossil fuels through their ISAs.

Ann Pettifor, Molly Scott Cato, Kelvin Clayton and Larry Elliott to discuss Green New Deal at Extinction Rebellion event in Bridport.

We must embrace uncertainty, humility and reconnection in the fight against climate crisis.

New report backs Bank of England findings that only 10% of banks have a strategic approach to transition to low carbon economy

'Every single asset on the planet will have a different value in a world of net zero.'

Environmental campaigners Greenpeace criticise financial sector for continuing to finance fossil fuels, despite dire warnings about the state of the climate.

An interview with Andrew Higham, chief executive of Mission 2020.

Biggest asset managers collectively fail to drive forward action to support climate targets.

On the political power of investment.

Dozens of activists are sitting or standing in the road as City workers leave Bank tube station.