*[Enwl-eng] Keep coal funders away from the Green Climate Fund
ENWLine
The Green Climate Fund (GCF), set up by the United Nations Framework Convention on Climate Change, is the world’s largest fund dedicated to helping developing countries respond to the climate crisis. It aims to increase the capacity of developing countries to reduce their emissions and enhance their ability to adapt to climate breakdown.
We are alarmed by the news that Sumitomo Mitsui Banking Corporation — the world’s third-biggest lender to coal plant developers — applied to be an accredited institution to receive money from the GCF.
Will you help us keep fossil fuel funders away from the Green Climate Fund?
Sign to support our letter to the GCF Board
Given Sumitomo’s track record of supporting dirty energy projects, we believe that they should be denied accreditation. Fossil fuel funders are the very reason for the continued reliance on coal, oil and gas in many countries. These investments continue to not only harm local communities and ecosystems but also intensify the climate crisis.
There is no justification for Sumitomo Mitsui Banking Corporation to be considered a partner in spending public funds that are critically needed for climate action.
In solidarity,
Chuck Baclagon for 350.org
350.org is building a global climate movement. You can connect with us on Facebook, follow us on Twitter, and become a sustaining donor to keep this movement strong and growing.
------------- * ENWL * ------------
Ecological North West Line * St. Petersburg, Russia
Independent Environmental Net Service
Russian: ENWL (North West), ENWL-inf (FSU), ENWL-misc (any topics)
English: ENWL-eng (world information)
Send information to en...@lew.spb.org, enwl...@lew.spb.org, en...@lew.spb.org, en...@lew.spb.org
Subscription, Moderator: vf...@lew.spb.org or en...@enw.net.ru
Archive: http://groups.google.com/group/enwl/
Additionally: http://www.enwl.net.ru/
(C) Please refer to exclusive articles of ENWL
-------------------------------------