Stop the Money Pipeline is the largest coalition in North America dedicated to tackling the financial sector’s role in the climate crisis.
We have 230 coalition partners, more than 100,000+ online supporters, and a track record of wins on some of the world’s most powerful corporations.
We run hard-hitting campaigns to get banks, insurance companies, and investors to stop financing fossil fuels and massively scale up their support of renewable energy.
If big banks are to align their business models with the goals of the Paris Agreement, they should fund at least 4x as much clean energy as fossil fuel energy. But last year, JPMorgan Chase financed a mere 80 cents of clean energy for every $1 it financed fossil fuels; Citigroup’s ratio of clean energy financing to fossil fuel financing was 0.75:1; and for every dollar of fossil fuels Wells Fargo financed it provided a paltry 52 cents to clean energy companies.
Here’s how we plan to change that:
1. Fossil Free Citi: Our sustained and disruptive protests have put Citigroup’s financing in the spotlight, including in the New York Times, the Guardian, CNN, and Bloomberg. In our secondary campaigns, pushing Costco and LL Bean―which have co-branded credit cards with Citi―we’re pushing the companies to issue an ultimatum to Citi: drop fossil fuels or lose us as clients.
Get involved in the Fossil Free Citi campaign by signing our petition to Costco, urging the retailer to drop the dirty bank. Once you sign the petition, we’ll follow up with more ways you can get involved in the campaign.
2. Wells Fargo Exposed: Following Donald Trump’s election, Wells Fargo is the only bank to have dropped its 2030 climate goals and “net zero by 2050” target. In response, we’re organizing sustained and regular actions at the banks’ corporate office and headquarters, supporting the fight to unionize the bank, and pushing institutional clients to end their relationship with the bank.
To get involved in the Wells Fargo Exposed campaign, fill out this form and we’ll be in touch.
Insurance companies are screwing us. In California alone, insurance companies have refused to renew home insurance for at least 2.8 million people since 2020. Meanwhile, many homeowners have seen their premiums rise by as much as 48%, costing working families thousands of dollars a year.
Yet, at the same time as insurance companies are responding to the climate crisis by abandoning communities and hiking up rates, they are continuing to underwrite new oil and gas projects that will only make the climate crisis worse.
Fortunately, more and more people are waking up to the key role of Big Insurance in the climate crisis.
In New York, we’re backing the Insure our Communities campaign. Through the campaign we’re working with local community groups, lawmakers, and impacted community members to advance state legislation that would force insurers to stop backing coal, oil, and gas, and to protect consumers from rate hikes.
We’re also supporting bills in numerous other states:
In Connecticut, where many insurers have their headquarters, advocates are advancing a bill that would place a fee on all business dealings between insurers and coal, oil, and gas – with all money raised funding a climate adaptation fund.
In California, lawmakers are considering a bill that would give insurance companies the right to sue fossil fuel companies for damages, just like health insurers successfully sued Big Tobacco.
In Maine, legislators are considering bills that would force insurers to stop backing coal, oil, and gas.
If you want to make Big Insurance to insure our future, not fossil fuels join our mailing list.
Investors are some of the biggest perpetrators of climate chaos. In 2024 alone institutional investors held $5.1 trillion in bonds and shares of fossil fuel companies. The two biggest investors in fossil fuels are U.S. based asset managers Vanguard and BlackRock.
As the world makes the necessary and inevitable transition to clean energy, asset managers like Vanguard and BlackRock continue to put our planet and individuals’ retirement savings at risk.
Since 2024, Stop the Money Pipeline has formed part of the Vanguard S.O.S. campaign urging the world’s largest investor in fossil fuels to:
1. Fundamentally shift its investment policy
2. Escalate engagement and improve proxy voting
3. Integrate climate justice into business decisions
Our coalition member and Vanguard S.O.S. campaign member, Earth Quaker Action Team (EQAT), has successfully organized individuals, organizations, and other institutions to move over $55 million out of Vanguard because of its ongoing inaction on climate change.
In 2025, campaigners are calling on Vanguard to 1) meet with representatives of the Vanguard S.O.S. campaign, 2) adopt a comprehensive Indigenous rights policy, and 3) create a fossil fuel-free target date fund.
Take action and call on Vanguard’s CEO to meet with Vanguard S.O.S. representatives.
