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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October 24, 2023

Federal Reserve, FDIC, OCC finalize revisions to law but fail to address banks' climate impacts

October 24, 2023

Reclaim Finance tracker reveals that banks globally simply do not have basic policies, financing targets needed to support decarbonization

October 20, 2023

Agency’s Final ESG Disclosure Rule Expected This Fall

October 19, 2023

Agencies likely to issue final rule following Federal Reserve, FDIC board meetings on October 24

October 11, 2023

Bank is lead financial advisor in $59.5B deal despite committing to reach net zero by 2050