photo13

Can we democratize money? Yes we can!

1
Syndicate contentRSS
bankingonclimatechange

Bank policies fail to respond to climate risks

A report released today by Rainforest Action Network, BankTrack, Sierra Club and Oil Change International, in partnership with FairFin and 27 other organisations around the world, reveals that the world’s biggest banks are continuing to fuel climate change through the financing of extreme fossil fuels.

 

DSC04025

Norwegian Pension Fund divests from coal

The Norwegian sovereign wealth fund has been ordered to  divest all coal stocks, in a move that will prompt up to NOK50bn (€6bn) of equity sales. This is a huge achievement for the divestment movement. It shows small NGO’s are able to send lots of money in the right direction.

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."

life-of-pi_key

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.

Community-Currency.info

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.

Chevron_oilspill

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.