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Category Archives: In The News

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 […]

Stop the Money Pipeline Responds to Senators’ Letter to Head of Treasury’s New Climate Hub

FOR IMMEDIATE RELEASE Aug 3, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline Responds to Senators’ Letter to Head of Treasury’s New Climate Hub Today, members of the Stop the Money Pipeline (STMP) coalition reacted to a letter sent by Senators Elizabeth Warren (D-Mass.), Kirsten Gillibrand (D-N.Y.), and Chris Van Hollen (D-Md.) to John […]

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 – […]

Stop the Money Pipeline presents JPMorgan Chase branches with “2021 Greenwashing Award”

Activists deliver hundreds of awards to Chase branches around the U.S. Contact: Jackie Fielder, jackie@stopthemoneypipeline.com San Francisco – June 1, 2021 – Following the release of JPMorgan Chase’s 2030 climate targets, people around the country will be delivering the “2021 Greenwashing Award” to more than 150 Chase branches this week. The award is presented on […]

Press Release: Stop The Money Pipeline Coalition Responds to Biden’s Executive Order on Climate-Related Financial Risk

FOR IMMEDIATE RELEASE *Interviews available May 20, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop The Money Pipeline Coalition Responds to Biden’s Executive Order on Climate-Related Financial Risk Coalition welcomes EO as important step for the climate finance movement, pushes administration to deliver by COP26 in November Today, President Biden issued a new broad-ranging Executive Order (EO) […]

Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk 

FOR IMMEDIATE RELEASE  May 20, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk  Coalition representing more than 160 groups expects Executive Order to ensure all U.S. financial institutions are firmly on a path to real zero greenhouse gas emissions before COP26 […]

World’s lead oil demand agency releases new pathway to avoid climate collapse: no new fossil fuel extraction

IEA’s first 1.5°C-aligned scenario bolsters call for no new fossil fuel extraction IEA must now make it central to its flagship WEO and fix remaining model flaws Today, the International Energy Agency (IEA) released a special report, “Net Zero in 2050: A roadmap for the global energy system,” that represents the agency’s first ever effort […]