logo banktrack logo banktrack

Climate change is here

Climate change, long considered an urgent but future threat, is now with us, and already impacting the lives of millions of people around the world. It's being driven in large part by the continued exploration and burning of coal, oil and gas. To stop a further climate breakdown we urgently need to bring the fossil fuel era to an end. 

One way to achieve this is to stop large commercial banks from financing the fossil fuel industry. Only massive public pressure will make banks end their support for this climate-wrecking industry. That is why we started this campaign. We are counting on you to help build that pressure on the Fossil Banks. Sign the Global Call on Banks!

Sign the Global Call on Banks

Banks: stop financing fossil fuels

"We, organisations and individuals from all over the world, are now directly experiencing the impacts of climate change on our lands and our lives. We are living through temperature extremes; we witness the disruption and destruction brought to our communities and societies by floods, storms, droughts and fires; we grieve for what is precious to us and lost, and we fear for the future of our children.

In light of this grave threat, we demand decisive action on tackling the root cause of climate change, which is the continued extraction and burning of coal, oil and gas - by far the largest source of greenhouse gas emissions. We can end the fossil fuel era - the technology exists - but only if governments and financial institutions end their support for the fossil fuels of the past and instead invest in a rapid and just transition to a 100% clean energy future that serves our communities and not corporations.

This requires that you, our banks, which hold our money - acknowledge that your continued support for the fossil fuel industry is incompatible with stopping catastrophic climate change, and that you take concrete steps to end this support.

We therefore demand that, by the 24th UN Climate Summit in December 2018, you:

  • publicly clarify your bank's position on the relation between climate change and the extraction and burning of fossil fuels

And that, by the 25th UN Climate Summit in November 2019 at the latest, you:

  • publicly commit to immediately end your support for all new fossil fuel projects, including exploration, extraction, transportation and power
  • publish a robust plan for phasing out your support for all existing fossil fuel projects and companies on a timetable consistent with what is necessary to meet the Paris targets.

We welcome all other steps your bank will take to help combat climate change, such as financing renewable energy solutions, but we will judge you first and foremost on your public commitment and strategy to terminate your support for the fossil fuel industry.

With so much at stake, you can count on our relentless efforts to ensure your bank makes these commitments. We will not rest until you side with us in ending the fossil fuel era."

Take Action

Fossil Banks, No Thanks!

I support this Call on Banks to stop financing the fossil fuel industry.

We especially seek support from civil society organisations. If you are authorised to sign on behalf of an organisation, enter the details below.

See who signed

By signing you agree that we publish your name and country. If you sign on behalf of an organisation we will only publish the organisation’s name and country.

Read about our data protection policy.

Why this campaign?

Climate change, long considered an urgent but future threat, is now with us. We now all live in countries impacted one way or the other by climate change: heat waves and fires; droughts and water shortages; excessive rainfall and floods; hurricanes and hail storms; failing crops and shifting seasons; rising sea levels and warming oceans; plant and animal species going extinct; creeping desertification; forced migration and other climate-related disruptions of communities and livelihoods now determine the lives of millions of people around the world.

End the fossil fuel era

How can we prevent full climate breakdown? By tackling the root cause of climate change, which is the continued extraction and burning of coal, oil and gas, by far the largest source of greenhouse gas emissions. We can end the fossil fuel era –the technology is there– but we need our governments and financial institutions, including banks, to stop supporting the fossil fuels of the past and invest in a rapid and just transition to a 100% clean energy future that serves our communities and not corporations.

This requires first an end to the expansion of the fossil fuel industry. The oil, gas, and coal reserves in existing fields and mines across the world already far exceed what we can burn if we want to limit average global temperature rise to well below 2 degrees, aiming for 1.5 degrees, as over 190 countries agreed at the 2015 UN Climate Summit in Paris. Second, we need to organise a rapid and just transition away from the use of fossil fuels to 100% renewable energy solutions. With political will and human ingenuity we can reinvent our societies and rebuild our infrastructure, so that we no longer rely on fossil fuels to meet our energy needs.

Stop Fossil Banks

Private sector banks must stop financing the fossil fuel industry. But this is not happening! Each new bank-financed oil well, coal power plant, gas terminal or coal mine delays the end of the fossil fuel era. Between 2015 and 2017, just 36 global private sector banks funnelled already a staggering US$ 345 billion into extreme fossil fuel projects and companies alone.

Banks tell us they increase their lending for renewable energy, they ‘engage with clients on emissions reduction’, they change their light bulbs. Some have moved further and no longer finance coal mines, tar sands, or oil projects in the Arctic. This is a start. But no large bank has yet committed to end its financing of the fossil fuel industry altogether.

Join this Campaign

We want banks to clearly and publicly acknowledge that stopping climate breakdown requires putting an end to the exploration and burning of fossil fuels, as well as their support for the fossil fuel industry. We demand that banks publicly commit, by the 25th UN Climate Summit in November 2019 at the latest, to end their financing of all new fossil fuel exploration, extraction and power projects, and that they publish a robust and timed phase out plan for all their existing fossil fuel clients.

It will take sustained pressure from us – citizens and bank customers from all over the world – to ensure banks make such commitments. We are counting on you to help build that pressure. Start by signing the 'Global Call on Banks', then join us on our next steps.

fossil banks

These 38 Fossil Banks are among the biggest financiers of the fossil fuel industry. A handful have adopted policies excluding or restricting financing for some parts of the industry, but none have yet committed to stop funding fossil fuels altogether.

  • {{ bank.fossil_screen_name }} - {{ bank.country }}More...

Fossil finance

Data, covering the most extreme fossil fuels, from Banking on Climate Change: Fossil Fuel Finance Report Card 2018

View financing by:

{{ graphTitle }}

{{ mobileTitle }}

$200M
$200M
$400M
$400M
$600M
$600M
$2B
$2B
$4B
$4B
$6B
$6B
$8B
$8B
1B
$1B
$2B
$2B
$3B
$3B
$4B
$4B
$4B
$4B
$8B
$8B
$12B
$12B
$16B
$16B
$10B
$10B
$20B
$20B
$30B
$30B
{{ bank.fossil_screen_name }}
{{ mobileDisplayValue(bank.mobileVal) }}
2015
2016
2017

join us

share this campaign

We need your help to increase the public pressure on banks that will make this campaign a success. Your first step should be to sign the 'Global Call on Banks'. Then help spread word about this campaign, using the tools below. 

Join our Photo Action!

Since Fossil Banks, No Thanks! launched in October, we've received only token responses from banks. We need to ramp up the pressure during COP24 - and you can help! Tkae a picture outside a Fossil Banks and join our day of action!

It's easy to join in. All you need to do is:

  • print this poster (and glue it together to make a mini banner)
  • grab a couple of friends or colleagues
  • take the poster down to a branch or HQ of one of our target Fossil Banks in your area 
  • take a picture of you holding the poster outside the bank with the bank logo visible.  
  • Then send us the picture to claire@banktrack.org  by December 7. 

The picture will go in the social media pack we'll make and email to you so you can post the pictures and some tweets to your social media accounts on our action day - December 11.

Memes and example tweets

Follow our twitter account @NoFossilBanks, and help us spread the word using the hashtag #FossilBanksNoThanks, or simply #FossilBanks

Example Tweets

  • Preventing #ClimateBreakdown means quitting fossil fuels. Yet no major bank has committed to fully end its support for coal, oil, or gas. Tell them to commit at fossilbanks.org #FossilBanksNoThanks. Click to tweet
  • The new #IPCC report confirms that emissions need to be cut very fast, but we’ve known for ages that preventing #ClimateBreakdown means fossil fuels cannot be burned indefinitely. Yet no major bank acknowledges this fact. Tell them fossil fuels must go at fossilbanks.org. Click to tweet
  • Some banks think coal is necessary to lift people out of poverty. Yet coal is helping to drive the world towards catastrophic levels of warming that will hit poor communities hardest. Take action at fossilbanks.org #FossilBanksNoThanks. Click to tweet
  • Holding the world to 1.5°C is still possible, but not if major banks keep on funding coal, oil and gas. Tell them to wake up – and fast: fossilbanks.org #FossilBanksNoThanks #ipcc #1o5c. Click to tweet
  • After #IPCC report on global warming of 1.5°C, any big bank turning up to #COP24 in Poland is going to have a lot of explaining to do as to why they’re happy financing #climatebreakdown. Tell them to change course – rapidly: fossilbanks.org #FossilBanksNoThanks. Click to tweet

Images for social media

You can use the memes below for your social media posts. (to download right-click and select "save image as") We will add more memes as the campaign proceeds.

Climate change
Why we invest in climate change
balance
decarbonise
Um no thanks
Worried?
brought to you by fossil banks

Supporters

Here is the list of organisations and individuals that have now signed the Global Call on Banks

147 organisations support this call

{{organisation.organisation}} {{organisation.country}}

609 individuals support this call

{{individual.name}} {{individual.country}}

About this campaign:

Fossil Banks, No Thanks! is a BankTrack-led campaign in coordination with the following organisations:

If you wish to contact us about this campaign, please use our contact form.

Website credits:
Design: Raymon van Vught, BankTrack
Development: Bram Linssen

Images:
Header source image: © Bernd Lauter / Greenpeace
Fossil Banks section background source image: © Bogus Bilewski / Greenpeace

Disclaimer:
We have made every effort within our means to ensure that all information on this website is correct. Should you nevertheless encounter any error, please use our contact form.

X

{{ overlay.bank.fossil_screen_name }}

{{ overlay.bank.country }}
Financing for the most extreme fossil fuels from 2015-2017 (million USD)
{{ mobileDisplayValue(overlay.total) }}

Fossil fuel exclusion policies

Coal

Coal mining
Coal power

Oil

Tar sands
Arctic oil
Ultra deepwater oil
Other oil

Gas

LNG export
Arctic gas
Fracked gas
Ultra deepwater gas
Other gas
No exclusion
Partial exclusion
Full exclusion

This overview lists the subsectors of the fossil fuel industry and shows for which ones {{ overlay.bank.fossil_screen_name }} has a finance exclusion policy. shows they have no exclusion policy in place, shows they have a policy excluding some types of financing, and shows they have excluded all financing, including for projects and companies responsible for the extraction, transportation, and/or combustion of the fossil in that subsector.

Download the full policy summary here

fossil fuel projects financed

{{ projectName(project) }} - {{ projectCountry(project) }} Profile

Fossil fuel companies financed

{{ companyName(company) }} - {{ companyCountry(company) }} Profile
{{ overlay.bank.title }}’s full profile on banktrack.org
Back to fossil bank overview