According to Bank.Green’s Money Movement campaign, the world’s 60 largest private-sector banks have poured $3.8tr into fossil fuel projects since the Paris Agreement. The campaign, in partnership with a coalition of movements and organisations including BankTrack and Reclaim Finance, encourages bank customers to take action against their banks.
Bank.Green’s online bank-switching tool, bank.green, streamlines the process for customers to discover their bank’s fossil fuel record, explore sustainable alternatives, learn how to contact their banks, and switch accounts.
“Past climate campaigners have waged important public awareness campaigns against banks that fund fossil fuels, and we are excited to build upon their work,” said Zak Gottlieb, a Bank.Green campaign coordinator. “Our Money Movement campaign is based on the belief that in addition to campaign groups, banks also need to hear directly from their customers. It’s one thing to ignore a campaign group, but if your customers are unhappy, your business is in trouble. That’s why we are building a community of customers who are empowered to take action against their own banks.”
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