Submitted by ian on Tue, 02/11/2021 - 07:58

What’s wrong with BARCLAYS?

Barclays

Barclays is the largest individual provider of current accounts in the UK and the “worst banker of fossil fuels” in Europe, according to the impact rating carried out by Ethical Consumer magazine.

Barclays has been Europe’s biggest investor in fossil fuels since the Paris Agreement, according to the Banking on Climate Change report, providing 36% more finance than the next worst European banker (HSBC). From 2016-19 the company invested $118.1 billion (£862 billion) in fossil fuels. It is the tenth biggest funder of fossil fuel expansion internationally.

At its AGM in May 2020, over 75% of Barclays shareholders voted against a resolution to end the company’s investments in fossil fuels.

Among the fossil fuel projects funded by Barclays are:

Bangladeshs coal expansion

Barclays has provided funding for the Rampal Power Plant in Bangladesh. The plant threatens the worlds largest mangrove forest, the Sundarbans, a vital carbon sink that reduces CO2 in the atmosphere.

The Bangladeshi government plans to increase dependence on coal from 2.8% to 37% over the next decade.

According to Tonny Nowshin, a researcher at environmental and human rights organisation Urgewald, the pollution from the plant would cause low birth weight for 24,000 babies and premature death for 6,000 people.

Financing deforestation

Barclays has provided financial services worth millions to five beef and soy companies known for their links with deforestation. These include meat producer JBS, whose controllers confessed to bribing more than 1,800 politicians in Brazil in 2017.

Violations of Indigenous rights

Many of the projects that Barclays backs are linked to serious human rights abuses, including ongoing violations of Indigenous rights. These include the Dakota Access Pipeline and tar sands pipeline projects which will cross Indigenous territories.

If you want to switch to a more ethical account, Ethical Consumer magazine recommends Triodos Bank as its top pick, followed by Nationwide and Cumberland Building Societies and the Co-operative Bank (including its Smile brand)

Bunting stall in Queens Park

Submitted by ian on Mon, 18/10/2021 - 10:22

The final of our stalls making bunting with messages to send to COP26 took place outside the Queens Park Farmers' Market on October 17th.

It was a lively event, with adults and children joining in enthusiastically to decorate bunting pennants which will stay up outside Salusbury School for a while.

Below are some photos from the event, as well as a short video compiled by Martin Francis.

 

 

Bunting from Tulip Siddiq MP
Bunting from Tulip Siddiq MP

Brent FoE Flood and Nature Walk 26th September - report and pics

Submitted by ian on Tue, 28/09/2021 - 11:10

Nineteen people turned up for our walk along the Wealdstone Brook and River Brent, looking at the way this natural feature had been built upon and hidden, and highlighting the possible danger of flooding as climate change continues.

Martin Francis pointed out the route of the waterways, sometimes hidden under high tower blocks, with further development ongoing. Some parts of the walk took us through harsh concrete landscapes, some through much more pleasant environments, with well-used open spaces and some attractive meadowland (though in some places it was apparent that the invasive Japanese Knotweed still posed a threat).

The group paused at the pleasant shingle riverbank, where people made paper boats, which were adorned with messages about climate change, and launched into the water. Martin was also on hand to catch the boats downstream in his nets. Other boats made by Cllr Janice Long and Ruth Kitching, will be sent to Glasgow to be incorporated into an installation to be erected outside the COP26 meetings.

A more detailed account of the walk and issues behind it can be found on Martin's blog here.

Photos below are by Barney Laurance:

 

Martin talking

Our bunting stalls in Harlesden and Wembley

Submitted by ian on Fri, 10/09/2021 - 19:31

Here are some pictures from our stall in Harlesden on 10th September and Wembley on 25th September. Lots of engagement with people of all  ages - children were particularly keen to send a message about what should be done to stop climate change. More reporting and pictures at https://wembleymatters.blogspot.com/2021/09/harlesden-sends-resounding-….

 Next stall on October 17th in Queens Park. Details on front page.

 

Harlesden:

bunting8   bunting3