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The Banks Fueling Fracking

The Banks Fueling Fracking

Oil Change International, a research and advocacy organisation focused on exposing the true costs of fossil fuels, released a recent report that examines how major banks have financed the US fracking “fiasco”. Below are some […]

Climate Finance Ranking: These stock portfolios from German federal and state governments are steering towards a hot climate

13.2 billion euros from public tax money is poured into 1,700 publicly traded companies – mostly without testing their climate impact Bavaria, North Rhine-Westphalia and Baden-Württemberg are ranked the worst Fossil Free Berlin demands a […]

European Central Bank, Quantitative Easing & Climate

Reclaim Finance, an organisation that aims to make the financial sector compatible with a sustainable future, published a recent report investigating the links between the European Central Bank’s policies and fossil fuel companies. Read our […]

The Financial Impact of Fossil Fuel Divestment

The Financial Impact of Fossil Fuel Divestment

Academics Auke Plantinga and Bert Scholtens from the University of Groningen have published a new paper examining the financial impacts of fossil fuel divestment.  They studied stock returns from nearly 7,000 companies, over a 40 […]

Fossil fuel’s influence on the European Green Deal

Fossil fuel’s influence on the European Green Deal

Corporate Europe Observatory (CEO) released the report: A Grey Deal? Fossil fuel fingerprints on the European Green Deal earlier this summer, examining the influence of the fossil fuel industry on shaping the deal.  Here are […]

Swedish pension fund AP1 divests from all fossil fuels

Swedish pension fund AP1 divests from all fossil fuels

On 16 March, 2020, the 34.1 billion EUR Swedish pension fund AP1 announced its decision to divest from all fossil fuels, something that the Swedish campaign Divestera AP-fonderna has been requesting from all AP-funds since […]

EU: Fossil Fuels not a Just Transition

EU: Fossil Fuels not a Just Transition

The EU is setting up a fund (40 billion euro) to help the transition to a sustainable economy. Coal miners will get training for a new career, regions will be supported if they now depend […]

Denmark adopts climate law to cut emissions 70% by 2030

Denmark’s parliament adopted a new climate law on Friday June, 18th. With this law, Denmark strives to reach 70% reduction of climate gas emissions until 2030 and carbon neutrality by 2050. Emissions are compared to […]

Vatican urges Catholics to drop investments in fossil fuels, arms

VATICAN CITY (Reuters) – The Vatican urged Catholics on Thursday to disinvest from the armaments and fossil fuel industries and to closely monitor companies in sectors such as mining to check if they are damaging […]