It’s been quite the year for all of us at Stop the Money Pipeline. On the one hand, the climate crisis has only escalated ― 2021 was yet another year of historic wildfires, floods, droughts and hurricanes across the world. Yet, on the other hand, the climate movement continues to grow in power and influence. […]
Category Archives: In The News
FOR IMMEDIATE RELEASE *Interviews available December 16, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to Goldman’s new climate targets NEW YORK — Today Goldman Sachs launched an updated climate report with targets that sidestep reductions in greenhouse gas emissions and opt for reductions in carbon intensity. Despite today’s commitment […]
FOR IMMEDIATE RELEASE December 13, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups blast ALEC for legislation against fossil fuel divestment and regulation SAN FRANCISCO — On December 3rd, the Center for Media and Democracy reported that the American Legislative Exchange Council voted to support two pieces of model legislation attacking fossil fuel divestment titled […]
FOR IMMEDIATE RELEASE November 22, 2021 Contacts: Jackie Fielder, jackie@stopthemoneypipeline.com Climate and finance groups react to Biden’s Federal Reserve Chair Nominations WASHINGTON DC — Today, President Joe Biden announced the re-nomination of Jerome Powell as Federal Reserve Chair, and Lael Branaird as Vice Chair. The White House also said today it plans to fill three […]
FOR IMMEDIATE RELEASE November 9, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups call out banks lobbying for watered down Net Zero Commitments Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline NEW […]
FOR IMMEDIATE RELEASE November 3, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to Climate Finance Day announcements at COP26 Stop the Money Pipeline organizations respond to Morgan Stanley’s new 2030 targets, the British Treasury’s new requirements GLASGOW — Today, private and public institutions released new net zero targets and strategies on “Climate Finance Day” […]
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 […]
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 […]
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 […]
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 […]