Barclays
#1 in Europe for fossil fuel financing.
Your money is being used to fund the climate crisis at an alarming rate.
Barclays is one of the world’s biggest funders of fossil fuels*. In the 9 years since the Paris Agreement, this bank has funneled $235 Billion USD into coal, oil, and gas, rapidly accelerating the climate crisis.
* Details here
While you’ve been saving money for a house or a weekend getaway, Barclays has been using your savings to provide financial support to some very questionable fossil fuel friends.
And it's not just a little here and there; we’re talking about #9 globally in 2023. Totalling $235.189 billion USD in the 9 years since 197 countries agreed to drastically reduce their greenhouse gas emissions in the Paris Agreement, it is the largest financier of US Coal power plants.
Barclays is one of the few banks that increased its fossil investments in 2023.
Furthermore, Barclays is the 4th largest funder of Arctic Oil and Gas, and the 7th largest financier of both LNG expansion projects and gas fired power plants.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Start to Bank Green Today
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects