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Author Archives: Jackie Fielder

US lags further after British Treasury issues new fossil fuel finance standards

FOR IMMEDIATE RELEASE: November 3, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com     Jason Schwartz, jason.schwartz@thesunriseproject.org US lags further after British Treasury issues new fossil fuel finance standards GLASGOW — Today UK Chancellor of the Exchequer, Rishi Sunak, announced new requirements for firms to publish net zero transition and decarbonization plans in alignment with the goals […]

Climate groups: Mark Carney’s GFANZ $130 Trillion in Net Zero Commitments ignores fossil fuel financing

FOR IMMEDIATE RELEASE  November 3, 2021  Contact: Jackie Fielder,  jackie@stopthemoneypipeline.com      Climate groups: Mark Carney’s GFANZ $130 Trillion in Net Zero Commitments ignores fossil fuel financing Climate groups have recently pushed back on GFANZ for loopholes in net zero framework   GLASGOW — Today the Glasgow Financial Alliance for Net Zero (GFANZ) announced in its […]

Climate groups respond to FSOC report on Climate-Related Financial Risk

FOR IMMEDIATE RELEASE  *Interviews available  October 21, 2021  Contact: Jackie Fielder,  jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to FSOC report on Climate-Related Financial Risk WASHINGTON, D.C. — On Thursday, the Financial Stability Oversight Council (FSOC), chaired by Treasury Secretary Janet Yellen, issued an unprecedented report on climate-related financial risk. The report is the […]

A Review of New Bank Climate Commitments ahead of UN Climate Change Conference

With less than two weeks until the start of the Glasgow Climate Talks, Stop the Money Pipeline is preparing to turn up the heat on banks during the youth-led October 29th Fossil Free Future day of action. Though the banks will never admit it, years of pressure has pushed a number of major Canadian and […]

STMP responds to JP Morgan Chase joining Net-Zero Alliance

FOR IMMEDIATE RELEASE October 8, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline Responds to JP Morgan Chase joining Net-Zero Alliance Today, JP Morgan Chase updated its Environmental and Social Policy Framework, demonstrating its new membership in the Net Zero Banking Alliance ahead of COP26 climate talks in Glasgow, Scotland. Just under two weeks […]

Global Finance Sector Greenwashing Press Briefing

Global Finance Sector Greenwashing Press Briefing 28 September 2021 Financial institutions provide the capital and financial services — from banking to insurance — which keep the dirty energy economy going.  After years of pressure from civil society, financial institutions began to adopt policies to restrict their support to some parts of the coal industry in 2015. […]

BofA renews funding for Line 3 company while sponsoring New York Climate Week

FOR IMMEDIATE RELEASE September 23, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Bank of America renews funding for Line 3 pipeline company while sponsoring New York Climate Week The “sustainability-linked” loan demonstrates serious greenwashing loopholes in private sector climate pledges ahead of COP26 NEW YORK — The theme of this year’s New York Climate Week is “getting […]

BREAKING: More than 40 climate activists arrested at bank headquarters in NYC, more risk arrest in Seattle ahead of COP26 and New York Climate Week

FOR IMMEDIATE RELEASE September 17, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   More than 40 climate activists arrested at bank headquarters in NYC, more risk arrest in Seattle ahead of COP26 and New York Climate Week   SEATTLE, WA―On the 10th anniversary of Occupy Wall Street and ahead of New York Climate week, 40 climate activists […]

Shady Wall Street Vet leaves Biden Administration After Stop the Money Pipeline Groups Send Letter to Kerry

FOR IMMEDIATE RELEASE   CONTACT: Jackie Fielder, jackie@stopthemoneypipeline.com Shady Wall Street Vet leaves Biden Administration After Stop the Money Pipeline Groups Send Letter to Kerry Departure comes after 145 organizations sent a letter to Special Presidential Envoy for Climate John Kerry decrying the appointment of Mark Gallogly in March HOUSTON, TEXAS – July 1, 2021 – […]

Squad grills US bank CEOs on climate & environmental justice

On Thursday, May 28, 2021 at the House Financial Services Committee, the top US bank CEOs faced heated questions on climate and racial justice from Reps. Alexandria Ocasio Cortez, Ayanna Pressley, Rashida Tlaib, and Chuy Garcia. Ahead of the briefing, Stop the Money Pipeline, Action Center on Race & the Economy and others held a press briefing […]