The media is starting to notice the growing movement targeting banks and other financiers of fossil fuels. The newspaper CityAM hosted a debate on this new target of climate activists.
A few days after our high profile ad ran in Scotland's major newspaper, Alison Rose the CEO of RBS/ Natwest, announced as part of their new strategy for the Bank that RBS will also stop lending and offering underwriting services to major oil and gas producers that do not have credible transition plans in line with Paris climate agreement targets, which aim to limit global heating to below 2C.
After a long concerted campaign at Royal Bank of Scotland/ Natwest to stop financing fossil fuels, led by the Friends of the Earth Scotland, BankTrack and others, rumors were flying that they were on the cusp of making a big climate policy announcement. Especially after their new CEO Alison Rose vowed to take bold action on climate change in her first speech
Grassroots activists from a wide cross section of British society have launched their "swarm" against the Bank of England and other financiers of fossil fuels in London today.