Early this morning, hundreds of people blockaded the 10+ main entrances into Citibank’s Global HQ in New York City. As many hundreds of Citi workers struggled to get into work for the day, this action will help send a message to Citi that funding fossil fuels has clear reputational and operational costs.
Since the Paris Agreement was signed in 2015, Citibank has provided $332 billion to coal, oil and gas companies. People are dying as a result. We need to make them stop.
That’s why activists from across the country have come together in New York this week under the banner of #ClimateShutdown and are demanding change and positive climate action from the financial institutions still financing fossil fuels.
This action comes hot on the heels of another important action outside BlackRock in NYC yesterday. The goal of this wave of action is to expose climate villains – the bank CEOs, executives, and investors – who pour billions each year into fossil fuels – and highlight that they are just as responsible for the climate crisis as the fossil fuel industry itself.
The time for profit-driven climate destruction is over! Banks and financial managers must redirect their investments towards renewable energy solutions that cut pollution, create good, green jobs, and build a livable future for all, especially for the communities they have harmed.
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