Finance in Common 2020: Our Movement
The Finance in Common summit is over but our fight to end fossil finance is just a beginning. We will continue to put pressure on all public financial institutions until they stop financing dirty fossil fuels.
450 finance institutions from around the world met online last week during the Finance in Common Summit hosted by the French government and activists from all over the world helped us move one step closer toward ending fossil fuel funding. Some of the things we did:
- We took over the summit hashtag with hundreds of tweets demanding banks stop funding dirty fossil fuel.
- More than 11,000 of us sent letters demanding that the French President Emmanuel Macron stops pouring public money in oil and gas giant TOTAL.
- 350 activists from France, Brazil, South Africa, Ivory Coast, Senegal and the Philippines targeted public finance institutions with direct actions, raising the profile of our demands with international media and politicians.
In Rio de Janeiro, 350 Brazil and fishermen from AHOMAR have a message for @bndes, which financed more than R$90 billion in fossil fuel projects in the last 10 yrs. Public money must be used to support people! Stop financing polluters! We want a #JustRecovery #FinanceInCommon2020 pic.twitter.com/Bwq6zjlkXC
— 350 dot org (@350) November 12, 2020
#FINANCEINCOMMON2020 ‘s decisions on how to use public money shape our lives and our future.
— 350.org – France (@350France) November 12, 2020
The #FinanceinCommon summit is a great opportunity for leading public finance institutions to launch a joint commitment to end fossil fuel finance.
Send a TWEET to @IDCSouthAfrica @DBSA_Bank asking them to take part in the fossil fuel phase-out initiative. #PublicFinance4Climate pic.twitter.com/01VfAYqNHy
— 350 Africa (@350Africa) November 10, 2020
The reality is that big banks and investors continue to pour money into fuelling the climate crisis. And without pressure from thousands of people standing up together across the globe, financial institutions will continue bankrolling their dangerous projects.
From training and webinars for frontline communities and activists in financial centres, to direct actions and coalition building, people from all over the world are ready to take climate action.
We need to build on our momentum during this critical time for our finance campaigns, so we can turn off the money tap for fossil fuel companies. Find campaigns in your region now to help us win this fight!