Friday 26th November 2021
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Tag Archives: 350.org

COP26: Activists demand financial institutions to end fossil finance

Blackrock, San Franscisco

From October 29 to November 6, 2021, 350.org and allies in every region of the globe will unleash a wave of over 120 coordinated actions in 26 countries targeting financial institutions that continue to prop up the fossil fuel industry. Action at Blackrock, San Franscisco, USA The actions express the public feeling of urgency and see people taking action into ...

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China gets thumbs-up over pledge to end financing fossil fuels abroad

Xi Jinping

At the United Nations General Assembly on Tuesday, September 21, 2021, President Xi Jinping of China announced the country would cease funding of coal-fired power plants abroad. Chinese President Xi Jinping. Photo credit: CCTV Beyond the promise not to build new coal fired projects overseas, China has also pledged to step up support for green and low carbon energy in ...

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IPCC report: Decisive action needed this decade – 350

May Boeve

Environment watchdog, 350.org, has said that the world needs decisive action within this decade, if it wants to have a chance to keep the planet from warming above 1.5C. May Boeve, Executive Director of 350.org. Photo credit: shifttheclimate.org In a reaction to the Intergovernmental Panel on Climate Change (IPCC) report on the state of the climate released on Monday, August ...

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Fossil finance: Reactions as European Central Bank centres climate on its policy strategy

Christine Lagarde

The European Central Bank (ECB) on Thursday, July 8, 2021 announced that it would incorporate climate in the way the bank assesses risk and sets monetary policy across the Eurozone. Christine Lagarde, President of the European Central Bank (ECB) Observers believe that, as one of the world’s most important central banks, the precedent-setting move sends a strong message to other banks and ...

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Campaigners react as TC Energy terminates Keystone XL pipeline project

keystone-xl-pipeline

TC Energy Corporation has confirmed that it will terminate the Keystone XL pipeline project. The Keystone XL Pipeline The announcement, made on Wednesday, June 9, 2021, comes five months after US President Joe Biden rescinded the permit for KXL through executive order. The fight against the KXL pipeline is a decade long fight led by Indigenous activists with the support of ...

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Net Zero by 2050 report: It’s time to end fossil fuels – 350

May Boeve

The International Energy Agency (IEA) on Tuesday, May 18, 2021 released its first net-zero report outlining a full-fledged scenario that charts the course of reducing emissions from the energy sector in alignment with the Paris Agreement. May Boeve, Executive Director of 350.org. Photo credit: shifttheclimate.org With the report, says 350.org, a non-governmental organisation (NGO), the IEA finally acknowledges there is no ...

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Global Just Recovery Gathering to explore recovery from COVID-19, climate crisis

Nnimmo Bassey

A three-day online “Global Just Recovery Gathering” will explore what the world needs for a just recovery from the compound crises of COVID-19 and climate breakdown. Nigeria’s Nnimmo Bassey, who is Director of Health of Mother Earth Foundation (HOMEF), is one of the key speakers at the Global Just Recovery Gathering Holding from April 9 to 11, 2021, the forum is ...

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Research reveals top financiers of global coal industry

Coal-US

The world’s largest institutional investor in the coal industry is the US mutual fund company Vanguard, with holdings of almost $86 billion. A bulldozer operates atop a coal mound at the CCI Slones Branch Terminal June 3, 2014, in Shelbiana, Ky. Photo credit: Luke Sharrett/Getty Images It is closely followed by BlackRock, which holds investments of over $84 billion. Together, these two investment giants ...

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Campaign urges Biden to end era of fossil fuel production

Joe Biden

U.S. President Joe Biden has been called upon to take bold executive action to end the era of fossil fuel production, protect communities reeling from the climate and COVID-19 crises, and #BuildBackFossilFree. US President Joe Biden The call was made at a digital rally on Tuesday, January 26, 2021 hosted by Build Back Fossil Free, a growing campaign of nearly 200 groups ...

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UN, nations, group react as U.S. leaves Paris Climate Agreement

Donald Trump

The day after polls closed in the U.S. presidential elections on Wednesday, November 4, 2020, the United States has legally left the Paris Climate Agreement. President Donald Trump of the U.S. Indeed, whilst ballots are still being counted, climate change has been an issue of importance for people in the U.S., with a considerable number of registered voters indicating that climate ...

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