Fossil-Free Finance

Fossil-Free Finance

Fossil-Free Finance

We're pushing major Wall Street companies to stop financing fossil fuel expansion and help accelerate the transition to a clean energy economy for all.



Everyone knows about the fossil fuel industry’s role in the climate crisis. But there’s another, lesser-known culprit: Wall Street. Join the growing movement telling Wall Street to move money out of dirty energy projects and scale up financing for clean energy instead. Sign the petition to tell America’s largest banks to stop funding fossil fuels!

US Banks

Big US banks JPMorgan Chase, Citibank, Wells Fargo, and Bank of America are some of the biggest fossil fuel financiers in the world. If we want to avoid climate chaos, we must call on banks to stop funding coal, oil, and gas and invest in clean energy.

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Investors

Major investors — including asset managers like BlackRock and Vanguard and pensions like CalPERS — help people manage their retirement funds and other investments. But these financial institutions are also funneling money into the companies wrecking our planet.

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Financial Regulation

Powerful federal regulators like the Federal Reserve, the Department of the Treasury, and the Securities and Exchange Commission all have a role to play in ensuring the US economy and our banking system are protected from climate-related financial shocks.

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December 18, 2017

Despite mounting public opposition from a broad coalition of Indigenous and environmental groups, JPMorgan Chase and Wells Fargo renewed their participation in a set of loans totaling $1.5 billion to TransCanada, the company behind the Keystone XL…

December 12, 2017

Washington, DC -- Today, the World Bank announced that it will stop financing oil and gas exploration and extraction starting in 2019.The announcement comes as financial institutions have come under increased scrutiny over their funding of dirty…

November 27, 2017

Local activists will gather on Thursday at noon to rally outside Wells Fargo’s headquarters in San Francisco and demand that they divest from Keystone XL.

November 10, 2017

This week, Wells Fargo announced that 100 percent of its global electricity consumption for 2017 will be met with renewable energy. However, the bank continues its support for fossil fuel companies, including loans to TransCanada, the company behind…

October 3, 2017

This morning, as Wells Fargo CEO Tim Sloan testified before the US Senate Banking Committee about the bank’s recent scandals, DC residents urged elected officials to hold Wells Fargo accountable for financing projects that threaten our communities…