The environmental and human rights organization Urgewald together with 14 NGO partners published a comprehensive update of the AIIB-Watch. The website examines the projects of the Asian Infrastructure Investment Bank (henceforth: “AIIB”) for human rights violations, forced resettlement and environmental damage. An interactive map lists a total of 24 cases where the AIIB is failing to meet key protection standards.
New research shines a spotlight on the investors behind the fossil fuel industry. The Investing in Climate Chaos website features over 6,500 institutional investors whose holdings of bonds and shares in fossil fuel companies total US$ 3.07 trillion.
European banks have poured US$1.3 trillion into fossil fuels since the Paris Agreement was adopted, carrying on financing the expansion of fossil fuels, despite their own net zero pledges.
Investors and banks still holding onto Wintershall Dea, despite its continuous operations in Russia and no plans to transform its obsolete 100% fossil business model
Ukrainian and German NGOs publish research on the financing of Wintershall Dea’s oil and gas business
Financial institutions called out to cut ties with Wintershall Dea – also in view of potential IPO
Urgewald, Stop EACOP, Oilwatch Africa, Africa Coal Network and 33 further African NGOs offer an exclusive previews of the Special Report “Who is Financing Fossil Fuel Expansion in Africa?” Report under embargo until November 15, 00:01 AM CET.