Stop Funding Fossil Fuels 3/21/23 Day of Action
Sacred Activism for Climate Justice is an essential part of Novasutras’ work toward a future where all beings may abide in agaya and ubuntu. We encourage all to participate in the Stop Funding Fossil Fuels 3.21.23 Day of Action!
One of the most important campaigns in the global climate justice efforts is to halt the financing of new fossil fuel projects. Divestment campaigns at major institutions are ongoing. In the last few years, actions highlighting the role of big banks in funding fossil fuel expansion have been growing, driven by a coalition of environmental groups called Stop the Money Pipeline.
We know that activism works to change bank investment policies. HSBC, a major British bank that had heavily invested in fossil fuel projects, has agreed to stop financing new fossil fuel projects, thanks to pressure from activists.
Get involved right now, by pledging to move your money, and signing up to participate in an action near you on March 21st. Learn more below.
These campaigns focus on the four biggest funders of fossil fuel projects: Chase, Citi, Bank of America and Wells Fargo.
Banking for Our Future:
On January 16th, 2023, Climate Justice Crew organizers Michelle and Roland were on KSQD radio show Exploring Santa Cruz with host Mathilde Rand. We talked about actions to get the big banks to stop funding fossil fuel projects.
Pledge to Move Your Money
Th!rd Act initiated a Banking on our Future Pledge campaign, where people can pledge to move their money out of the banks most responsible for fossil fuel funding (or to refrain from opening accounts at those banks).
Our allies at THIS! Is What We Did offer supportive learning groups to help you through the process of closing your accounts and moving your money.
Scroll down on their page for a toolkit with helpful guides and sample letters to send as you go through the process of moving your money.
Join the Day of Action
Th!rd Act has called for a national day of action in the United States on March 21st, as the culmination of their Banking on our Future Pledge campaign.
If there isn’t an action already planned near you, maybe you can host one. Th!rd Act offers ideas and support for local organizers in the US. Even just a couple of people with some good props, taking photos and video to share on social media, will help amplify the power of this day of action.
Near California’s Central Coast? The Novasutras Santa Cruz chapter is helping to organize the 3.21.23 Santa Cruz Climate Justice Crew action. You can sign up right now to help us with preparation and planning. See you on March 21st!
So whether you’re pledging to move your money, telling your friends, joining an action at a bank branch near you, or helping to organize an action, this month leading up to 3.21.23 holds abundant opportunities to engage in sacred activism. What we do now to halt the expansion of fossil fuels is a critical action toward a world abiding in agaya and ubuntu.
Share your ideas in the comments below.
See https://about.bnef.com/blog/financing-the-transition-energy-supply-investment-and-bank-financing-activity/ for more info about what these banks are financing.