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01 Moritz Schröder-Therre
Moritz Schröder-Therre
Communications Director DACH Region
moritz@urgewald.org
+49 152 21579977
Ognyan Seizov
Dr. Ognyan Seizov
International Communications Director
ognyan.seizov@urgewald.org
+49 (0)30 863 2922-61
Press Release

Five Years Lost - How the Finance Industry is Blowing the Paris Carbon Budget

Paris, December 10, 2020
  • NGO report highlights companies pushing forward 12 new fossil fuel mega-projects 
  • Affiliated emissions would use up most of the remaining carbon budget
  • Financiers provided $1.6 trillion in loans and underwriting to these companies since January 2016
  • As of August 2020, investors owned $1.1 trillion in bonds and shares in these companies
Press Release

New analysis tool sheds light on financial institutions' coal policies

Berlin, Paris , September 8, 2020
  • Climate finance experts reveal major loopholes in hundreds of financial institutions' coal policies
  • New online tool exposes banks, insurers, asset owners and asset managers with no restrictions on coal
  • Weak policies could lead to expansion of coal industry if left unchecked

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