Norwegian Pension Fund divests from coal

Syndicate contentRSS
Divestment Rally

"Money is only as useful as the world in which you can use it"

Brett Scott - activist turned broker turned activist ("I actively explored the financial sector for subversive purposes") - joined us in Brussels to speak about his vision on divestment: "Divestment campaigners claim a creative say in how the future will look like."


Be the tiger

Brett Scott perceives our relationship with the financial system as the one the boy Pi has with the tiger in Life of Pi: we cannot push the financial system out of the boat – we have to come to terms with it. We have to come as far as ride the tiger – learn about it, understand it as well as be the tiger: recognize it as a living creature, in many ways similar to us.


EU project launches online database of community currencies

Yesterday, Community Currencies in Action, a European interreg project, launched an online database (www.community-currency.info) which gathers and provides information about Community Currencies. C-C.info is a giant step towards the creation of all-embracing guide about CCs, its developments worldwide and related subjects.


Dirty profits

FACING FINANCE is launching their new report entitled DIRTY PROFITS 3. The report documents sample cases of serious violations of internationally established norms and standards. It investigates 25 controversial companies and their investors, focussing on well-known European financial institutions.


BNP Paribas, Deutsche Bank and ING invest 1,34 billion in coal

President Obama has taken an important step to confront climate change. The goal to reduce CO2-emissions with 30% in 2030 will put a lot of pressure on the coal industry. The dependency on coal has to be cut back in Europe as well. FairFin, Climaxi and BankTrack ask banks to take their responsability.