Washington, D.C. — Organizations with Stop the Money Pipeline, a coalition of over 130 groups working to end the financing of climate destruction, applauded the introduction of two new bills from Senator Jeff Merkley (D-OR) that would prevent banks and international financial institutions from continuing to finance fossil fuels.  The Protecting America’s Economy from the […]

With key financial decision points looming on the Keystone XL, Line 3, and Trans Mountain pipelines, an open letter calls for policies respecting Indigenous rights and ruling out tar sands October 19, 2020 – This week, over 40 Indigenous women from communities impacted by tar sands sent an open letter to 70 major banks, insurers, and […]

JPMorgan Chase Can’t Be Paris Aligned If It’s Still Funding Fossil Fuels  Members of Stop the Money Pipeline, a coalition of over 130 groups working to end the financing of climate chaos, respond to JPMorgan Chase’s “Paris-Alignment” announcement  JPMorgan Chase, the world’s largest banker of fossil fuels, announced this afternoon that it is committing to […]

Activists target JP Morgan Chase, Liberty Mutual, and BlackRock for funding the Line 3, Trans Mountain, and Keystone XL Pipelines  Dozens of events took place across the country today as part of “Stop Funding Tar Sands: Day of Solidarity with Frontline Communities,” an international day of demonstrations against the financing of tar sands pipelines that […]

This morning, the Commodity Futures Trading Commission issued its report on the risks that the climate emergency poses to the financial system. The report, Managing Climate Risk in the U.S. Financial System, warns of the grave threats that climate change poses to financial markets and institutions. It fails to mention, however, the threat that financial […]