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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 10th, 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

Cutting off finance for coal is how Asian economies prove net-zero worth

Berlin | Nov 12th 2020,

 

  • More than half of the companies on the GCEL 2020 are based in Asia
  • Net-zero goals increase pressure on financial institutions in China, Japan, and South Korea
  • Investors, banks, and insurers in risk undermining their countries’ respective net-zero goals

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