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)

Activities in the run-up to COP26

Submitted by ian on Sun, 22/08/2021 - 17:46

In the run -up to COP26 (Conference of the Parties - an International Government Level Conference about Climate Change) Climate Action groups all over the country have been asked to be very active demanding much stronger action to combat Climate Change. Brent FoE has a number of activities plans. (see below OR click 'Read more' at bottom right) 

Can you help?

Hands holding earth

Brent FoE Hustings

Submitted by ian on Sat, 10/04/2021 - 21:14

 

 

On April 8th We hosted an online Hustings, with members of the Green, Labour and Liberal Democrat Parties answering questions of the public, Chaired very capably by local author and barrister Hashi Mohammed. Watch the full video above.

 

Campaigning in the crisis

Submitted by ian on Sat, 30/05/2020 - 10:50

  

Covid-19 - How to campaign


These are unsettling times for us all, particularly the most vulnerable in our society. The most important thing you can do right now is to keep yourself, and the wider community, safe. If we are to be effective climate activists in the future, we need to look after our physical and mental wellbeing now.