Climate Safe Lending Network

A collaborative network working to align bank lending with a well below 1.5°C rise in global temperature.

[Make My Money Matter @MMMoneyMatter]

Ever wondered what your pension gets up to when you’re not looking?​

Meet Oblivia Coalmine 🔥​

#FrackingHell

[Climate Safe Lending Network @ClimateLending]

Breaking - research from @MMMoneyMatter shows that every university with a divestment commitment still banks with a leading fossil fuel financier such as @Barclays or @HSBC.

If you’ve ever been a student, contact your uni & tell them this is unacceptable

https://t.co/hUeUf8xczh

[Ryan Hagen @ryan__hagen]

And a shoutout to the sustainable banks mentioned in the newsletter that are giving people better banking options!

@AmalgamatedBank
@joinatmos
@CleanEnergyCU
@clearwatercu
@climate1stbank
@BeneficialState
@SunriseBanks

https://t.co/XSAXXfMI5a

[Nick Robins @NVJRobins1]

We know the degradation of nature is an existential crisis for people. But it's also a profound threat to the financial system. Great to see the world's central banks releasing a conceptual framework for nature-related risks. Now to move to action: https://t.co/OF9uhy6OdT

[Climate Safe Lending Network @ClimateLending]

'While progress is encouraging, important work remains to be done for #climate-related matters to be systematically embedded in decision-making across all #banking activities.'

Fabulously insightful report with clear next steps banks could use to get from target to action.

[Nick Robins @NVJRobins1]

How are banks doing on #netzero? This new assessment from the @tp_initiative shows progress, but none of the 26 banks disclose the share finance for climate solutions & only 6 disclose a commitment to end all types of finance for new coal. Read it here: https://t.co/tbNhjMZDGH

[Mike Hudema @MikeHudema]

Los Angeles voted 12-0 to ban new drilling and to close all 5,000 existing oil and gas wells in the city. This is a historic victory by @STAND_LA and all citizens over the oil industry and environmental racism.

IT CAN BE DONE! Who's next?

#ActOnClimate #climate

[Sierra Magazine @Sierra_Magazine]

“By continuing to pour money into fossil fuels, these banks are telling us that they aren’t serious about meeting their climate commitments," Adele Shraiman, senior campaign strategist for the Sierra Club's Fossil-Free Finance campaign, told Sierra.

https://t.co/pCbu4OXHuD

[Simon Mundy @simonmundy]

Rather than cut fossil fuel clients adrift to be eaten alive by a new generation of clean tech companies, it’s far less awkward for banks to keep the money flowing under the banner of “transition finance”.

Today's @ftmoralmoney:

https://t.co/oZQLpWt9hL

[Ben Cushing @bmcushing]

NEW REPORT: Big banks including @Barclays, @Chase, @BankofAmerica & @Citi are propping up deadly coal plants across the US. 🏦🏭⚠️

These banks won’t directly fund coal projects, but giant loopholes allow them to keep funding the companies operating them.
https://t.co/0r153YzGHt

[Climate Safe Lending Network @ClimateLending]

Inspirational resolve!

[Catherine McKenna @cathmckenna]

To the Conservative politicians who are angry at me for calling out their climate denial. Let me be 💯 clear: When I was in politics I did pinky promises with kids across 🇨🇦 promising that we would do our part to tackle climate change. I'm never going to break that promise. 🤜

[Climate Safe Lending Network @ClimateLending]

@Reuters_IMPACT is where global leaders dare to tackle the most difficult questions on #climate ahead of #COP28UAE.
Looking forward to driving the discussion – see more about the summit here:
https://t.co/sNRW0A0foX
#ReutersIMPACT

[Reuters IMPACT @ReutersIMPACT]

Don't wait for #COP28UAE to drive critical climate action. Check out our confirmed attendee list and brochure to explore our esteemed speaker line-up and who you'll meet at #ReutersIMPACT: https://t.co/ML5WKhi3Ra

[Bill McKibben @billmckibben]

The great editor @arusbridger on the insanity of British politics: amid record heat, the government is opening up vast new oil leases.
(American politics much too similar)
https://t.co/VaYPl2gkTv

[Elizabeth Warren @ewarren]

Big Tobacco knew the dangers of its product. They spread misinformation. The Department of Justice held them accountable.

Big Oil knew the dangers of its product. They spread misinformation. It’s time to hold them accountable, too.
https://t.co/LwETILzmWV

[Grantham LSE @GRI_LSE]

Central banks and financial supervisors are essential to securing finance for a low-emissions, resilient world (a key part of the #ParisAgreement).
In this commentary @joefeyertag and @NVJRobins1 outline how they can make progress on this goal 👇🏾
https://t.co/9i6ecInPDt

[Professor Mark Maslin 👋 𝕏 @ProfMarkMaslin]

Research @ucl shows the UK could get off oil and gas by 2045

We know our shit - according to @JustStop_Oil

But takes the right policies and politicians who are not lining their own pocket with oil blood money 💰 🩸

that is you @RishiSunak

[Catherine McKenna @cathmckenna]

Ludicrous from both climate & economy perspective. Danielle Smith is sending absolutely wrong message to investors who want certainty & opportunities to invest in clean energy.

Alberta Govt should look South & see all the investment in renewables happening in Republican states.

[Catherine McKenna @cathmckenna]

Spot on response from Chair of UK #NetZero Zero review @chrisskidmore to the UK government's announcement to expand fossil fuels.
Bad for the environment. Bad for the economy. Bad for people.

[Climate Safe Lending Network @ClimateLending]

Great to have you in the White House talking #climate!

[Catherine McKenna @cathmckenna]

Great to be back at the White House to talk climate.

[Amalgamated Bank @AmalgamatedBank]

🌿 Did you know? Sustainable banking plays a crucial role in combatting climate change and building a greener future. By aligning your finances with your values, you can make a positive impact on the planet.

Here’s how it works…

(a thread 🧵)

[Catherine McKenna @cathmckenna]

This point by @MichaelEMann is key. We know what causes the climate crisis: The burning of fossil fuels. And we have the solutions to tackle it.

Now we need political leaders to lead!