Demand Citibank stop fueling the climate crisis & send your message directly to Citi executives
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A major catalyst for this crisis is the funding of the fossil fuel industry by big banks. Banks invest billions of dollars into coal, oil, and gas corporations that create dirty energy, instead of doubling down on the renewables we need.
Citi and its board chair, John Dugan, are major climate offenders. Under Dugan, Citi has provided funding to companies like Exxon, Shell, Chevron, and Enbridge, who are building polluting new pipelines, oil rigs, and power plants, despite frontline resistance. These unethical investments make Citi the second largest funder of fossil fuels in the world.
Citi’s support for new fossil fuel projects jeopardizes our communities’ health, human rights, and future generations. As we experience the very real effects of the climate crisis, the cost of inaction is too high.
How Banks help Big Oil raise money through the bond market
This a testimony submitted by Hannah Saggau, Stand.earth Senior Climate Finance Campaigner, to the New York City Banking Commission to vote against major fossil fuel financing banks as Designated Banks.
Banks and shareholders are falling in line with the Trump regime on climate and human rights, but you can hold them accountable with us.