News
Report: ECAs must embed climate in their COVID-19 responses

ECAs (institutions that finance the international operations of corporations from their home country) are the largest public financiers of fossil fuel projects, spending 14 times as much on fossil fuels as clean energy.

Report: G20 Governments Bankrolling the Fossil Fuel Industry by at least $77 Billion a Year

A new report released by Friends of the Earth U.S. and Oil Change International reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Climate Agreement.

Activists protest BlackRock’s ‘hot air’ on climate change

In a series of demonstrations after BlackRock’s annual shareholder meeting today, activists in New York City, San Francisco, and London staged socially distanced protests to criticize the financial giant’s failure to live up to its rhetoric on climate change.

Environmental groups call for JPMorgan Chase to drop climate denier Lee Raymond from board

Friends of the Earth U.S., Rainforest Action Network, Sierra Club, 350BK and Sunrise NYC delivered a letter signed by 47,000 supporters calling on JPMorgan Chase to remove former ExxonMobil CEO Lee Raymond from the bank’s Board of Directors during JPMorgan Chase’s Investor Day, today in New York City. 

Expansion of Deforestation Free Funds enables investors to see rainforest destruction hidden in mutual funds

Everyone with an IRA or a 401(k) has the power to pressure investment firms to change their practices and stop funding the destruction of our planet and our communities. Deforestation Free Funds unleashes that power, for good.

G20 Nations Throwing Billions at Fossil Fuel Industry through Export Credit Agencies

A network of secretive, government-backed financial institutions called export credit agencies are handing more than $31 billion USD per year to the oil, gas, and coal industry, new analysis by Oil Change International and Friends of the Earth U.S. shows.

USMCA and China trade deals combined push planet towards climate crisis

Senate approval of USMCA comes just as the Trump Administration signed a trade agreement with China in which China agrees to buy $52.4 billion of additional U.S. energy products, which will result in billions of dollars in exports of climate-damaging and community-poisoning liquefied natural gas, crude oil and coal.

Applause for Schumer over USMCA opposition

Senate Minority Leader Chuck Schumer (D-N.Y.) today voted against the U.S.-Mexico-Canada Agreement, aka Trump’s NAFTA, a deal that will make climate change worse and strip citizens of the right to challenge polluters.

BlackRock’s bold new approach to climate must include deforestation

BlackRock Larry Fink today released his annual letter where he announced a series of policies aimed at putting climate change and sustainability at the center of the company’s business model.

BlackRock takes small step towards climate action

In joining the Climate Action 100+, BlackRock is acknowledging that the company has a big problem and needs help to address it.