Christian Aid’s Big Shift – climate change and the banks
Local campaigners from Banner Cross Methodist Church, Saint Andrew’s Psalter Lane Church, All Saints Ecclesall and St Gabriel’s Greystones visited Ecclesall Road branches of Barclays Bank and Lloyds Bank on Friday to urge them to stop using the public’s hard-earned savings to support polluting fossil fuel companies.
Christian Aid has revealed the high street banks are still using savers’ money to support fossil fuel companies, even though governments, scientists and even the banks themselves are in agreement that we need to move away from coal, oil and gas to protect our planet.
The group presented messages from the local community explaining why the bank needs to move from fossil fuels to renewable energy as part of Christian Aid’s Big Shift Campaign. We presented a letter to each of the banks to be passed to the chief executive and showed off their piggy bank posters filled with messages of support from the local community, urging the bank to act.
Climate change is the biggest issue humanity faces. We need everyone, including the people managing our money to make the right decisions to put us on a safer path towards a better future.
Fossil fuels are increasingly a financial risk as well as fuelling climate change. As governments and markets around the world act to reduce carbon emissions, the value of fossil fuel companies could decrease rapidly.
Christian Aid believes that with a shift in policies and investment decisions, the biggest high street banks could be providing the capital needed to invest in the energy systems we need for the future, instead of damaging the planet by continuing to invest in fossil fuels.
For more information on Christian Aid’s campaign and to email the big banks, click here.