Fossil-Free Finance

Fossil-Free Finance

Fossil-Free Finance

We're pushing major Wall Street companies to stop financing fossil fuel expansion and help accelerate the transition to a clean energy economy for all.



Everyone knows about the fossil fuel industry’s role in the climate crisis. But there’s another, lesser-known culprit: Wall Street. Join the growing movement telling Wall Street to move money out of dirty energy projects and scale up financing for clean energy instead. Sign the petition to tell America’s largest banks to stop funding fossil fuels!

US Banks

Big US banks JPMorgan Chase, Citibank, Wells Fargo, and Bank of America are some of the biggest fossil fuel financiers in the world. If we want to avoid climate chaos, we must call on banks to stop funding coal, oil, and gas and invest in clean energy.

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Investors

Major investors — including asset managers like BlackRock and Vanguard and pensions like CalPERS — help people manage their retirement funds and other investments. But these financial institutions are also funneling money into the companies wrecking our planet.

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Financial Regulation

Powerful federal regulators like the Federal Reserve, the Department of the Treasury, and the Securities and Exchange Commission all have a role to play in ensuring the US economy and our banking system are protected from climate-related financial shocks.

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December 7, 2023

Banks risk stranded assets, climate catastrophe in steel lending without exclusions

December 1, 2023

Monday, December 4, is Finance Day at COP 28

December 1, 2023

Partnership for Carbon Accounting Financials (PCAF) publishes long-awaited methodology on banks’ disclosures of facilitated emissions, but what’s most needed is stronger targets for reducing those emissions

November 15, 2023

World’s biggest funder of fossil fuels improves quality of emissions disclosures, but makes concerning changes to energy sector emissions reduction targets

November 9, 2023

Financial alliance publishes paper on how financial institutions can measure decarbonization