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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March 5, 2024

Citi, Bank of America, JPMorgan Chase and Wells Fargo Leave Equator Principles

March 4, 2024

Announcement Puts Asset Manager's Poor Climate Practices in the Spotlight

February 21, 2024

Sierra Club analysis details the growing role of bond financing in propping up companies behind carbon bombs like the Willow Project, Mountain Valley Pipeline

February 15, 2024

NEW YORK — Today it was reported that JPMorgan Asset Management and State Street Global Advisors are departing from the Climate Action 100+ initiative, which comprises hundreds of institutional investors with tens of trillions of dollars…

February 9, 2024

Fossil fuel financing restrictions contrast with lack of progress, backtracking from U.S. banks