Citi is clinging to the fiction that because they've pledged to be 'net zero by 2050' they are already doing enough to fight climate chaos. For months, leaders from Louisiana and Texas whose communities are being poisoned by Citi's fossil fuel investments have been trying to schedule a sit-down meeting with Citi executives. Back in July, several representatives from Citi's PR department met on Zoom with Gulf leaders. But since then, Gulf leaders have reached out time and time again to demand a sit down meeting with no success. And the facts are that Citi is still invested in fossil fuels that are pushing the climate past critical tipping points, and harming specific communities on the frontlines of fossil fuel extraction, refining, and export:
- Since 2015, Citi has given Chevron more than $2.5 billion in loans and investment, literally fueling genocide and war.
- Since 2021, Citibank has provided $60 billion to the companies most aggressively engaging in *new* fossil fuel development
- Last year, Citi provided $4.3 billion to companies developing new LNG projects, like the CP2 project we’ve been fighting so hard to stop in Louisiana
Gulf leaders and allies are left with no choice but to descend upon Citi's global headquarters in NYC. On Monday, September 23rd, 50 frontline leaders, many of them children and young people, from the Gulf will arrive at Citigroup's HQ in hopes of finally sitting down face-to-face with Citi leadership.
We need as many people as possible to join us on September 23rd. Click here if we can count on you to attend!
Thanks,
Drew and the 198 methods to defund fossil fuels crew