Bank of England: Stop funding the climate crisis and regulate the banks that do
Dear Andrew Bailey, Governor of the Bank of England, CC Rishi Sunak, Chancellor of the Exchequer
British banks pump tens of billions into dirty fossil fuels every year - financing corporations’ drilling, fracking and mining around the world, driving us all faster towards climate crisis.
The Bank of England could stop them, but right now it's doing the opposite.
Demand the Bank of England stop funding the climate crisis, and regulate the banks that do by:
Stopping their billion pound covid bailouts for big polluters with no strings attached, and invest in a green recovery instead
Making new rules to stop other banks from financing climate chaos.
Working with the Treasury to ensure livelihoods are safe and new jobs created in the transition to a greener economy.
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To:
Dear Andrew Bailey, Governor of the Bank of England, CC Rishi Sunak, Chancellor of the Exchequer
From:
[Your Name]
Bank of England: Stop funding the climate crisis and regulate the banks that do
- Stop pumping new money into the dirtiest sectors of the economy. Stop billion pound bailouts for big polluters with no strings attached. Invest in a green recovery instead.
- Make new rules to stop other banks from financing climate chaos.
- Work with the Treasury to ensure livelihoods are safe and new jobs created in the transition to a greener economy.