5 000 billion euros, no environmental string
attached. The European Central Bank (ECB) is pumping a good
chunk of this baffling sum into big polluters, like Shell and
Total.
But, one person could change everything:
François Villeroy de Galhau, the governor of the French central
bank. He's on the board of the European Central Bank and claims he
wants to make it a “pioneer in the fight against climate
change”.
Yet, this laudable ambition seems to be nothing but lip service:
the governor plans on waiting another "3 to 5 years" to turn
his words into action!
Our planet can’t wait that long. Let's drive M.
Villeroy de Galhau to put his foot down:
Mr
Governor, do not wait 5 years to act: push the ECB to immediately
stop supporting companies destroying the environment!
Two months ago, SumOfUs members like you called on governor
Villeroy de Galhau to stop investing in coal, shale oil and gas.
He listened to us and recently adopted new drastic exclusion
measures!
While the French central bank recognizes the need to act without
delay in France, it digs its heels in at the European
level.
This is totally inconsistent. Instead of using
his influence at the ECB, the governor decides to… do
literally nothing.
Together, we can push him into action once again.
Mr Governor, the Covid crisis is striking Europeans hard, and
they refuse to also pay the price for big polluters. Don’t
make them go through two crises at once:
Ask
the ECB to ban polluters once for all!
More than 167 000 Europeans already called on the ECB to
stop funding climate chaos. The French central bank has a
unique opportunity to support your demands and uphold hopes of a
fairer and more sustainable future.
Call on the French central bank to put its words into
actions. European monetary policy should support the fight
against the climate crisis and for social progress, not stand by a
system based on carbon emissions and inequalities.
Mr
Governor, we can’t wait any longer: urge the ECB to decarbonize
Europe by abandoning fossil fuels!
