Dear John,

In 2021 Positive Money supporters like you have made A LOT happen. Check out these 12 highlights, including loads of media hits and launching Positive Money US…

Moving towards a greener economy

In March, together we helped win a historic new ‘green’ mandate for the Bank of England. This means it must now work towards sustainability and net zero - a huge step for protecting our planet. We put key reports and open letters on policy makers’ desks, and crowdfunded a front-page advert on Rishi Sunak’s local paper. So far, the Bank’s announced it’s prepared to adjust capital rules to reflect climate risk, and begin greening its Corporate Bond Purchase Scheme. They’re two small steps compared to the bold actions we need, but it’s a start.

Changing the digital money system

When Positive Money started out in the 2010s, a “Central Bank Digital Currency” was a fringe idea. It’s now close to being introduced by the Bank of England and other central banks around the world. Done right, it could democratise our money system - take power away from big banks and give it to the public. But private card and tech companies are vying for control of it. So we’re sounding the alarm and asking people to chip into a fighting fund - so together we can fight to bring our money system back into public hands. Please chip in if you can.

Calling out economic lies

Positive Money’s myth-busting videos were back in 2021, calling out Chancellor Rishi Sunak, Keir Starmer and prospective MPs for spreading untruths about our economy. We also had a lively blog feed, with think pieces on inflation, the future of money, and part two of our series exploring banking, race and colonialism.

Telling the truth about housing affordability

This year Positive Money won some dedicated funding to explore the lesser-known issue of how unchecked finance is driving the housing crisis. We’ve hosted two roundtables and been working on a report to show why housing is so unaffordable to a growing majority of people. See this blog and look out for more next year.

Coming together for climate justice

Thousands of indigenous and youth activists demonstrated together outside banks in 29 countries for the global #defundclimatechaos day of action, on the eve of COP26. We were proud to be part of such a strong coalition and the climate justice memorial at the Bank of England. Our head of policy Simon Youel explained on BBC News why we need the Government and Bank of England - not bank CEOs - to lead the green transition. We called out the lack of fossil fuel lending restrictions in a leading BBC article and in the Guardian.

Getting MPs on board

In September, our supporters rallied an unprecedented 85 MPs and peers from all the main political parties to sign our open letter to the Bank of England calling for an end to fossil fuel finance. High-profile signatories include Green MP Caroline Lucas, former Shadow Chancellor John McDonnell, Liberal Democrat leader Ed Davey and Theresa May’s former adviser and Conservative peer John Randall.

Ranking central banks on climate

In March we released The Green Central Banking Scorecard - a report that ranks central banks on their efforts to go green. Our October update shows there is still not enough action from the world’s biggest central banks. Not a single one scored better than a ‘C’ grade. The report’s had impact across the world, with media mentions in dozens of countries including the China, South Korea, France and Switzerland. US Congress members Alexandria Ocasio-Cortez, Rashida Tlaib and Ayanna Pressley cited the report in the Washington Times.

Launching Positive Money US

In August Positive Money US started with the first official staff member, Akiksha Chatterji. This introductory video shows some of what’s planned for campaigns focusing on systemic change at the Federal Reserve and US government. Follow them on Facebook, Twitter and Instagram. We’re very excited for this new organisation!

More media hits than ever before 

We’ve had 334 pieces of coverage this year, including our senior economist David Barmes talking greenwashing on Channel 4 news, our response to the Bank of England’s mandate change in the Times, comments on the Budget on the BBC and in Tribune, an opinion piece in The Independent on why Rishi Sunak should stop peddling myths about public finance and pieces on cash and digital currency in the New Statesman and Guardian.

Spreading the word in our communities

Some local groups powered through Covid-19 with online meetups, and this year some met up in person again 🎉. Positive Money Southampton took their festival stall back to Trifest, and helped out with the #defundclimatechaos action outside Barclays in Totton. Look out for more local and national online meetings in 2022.

Growing in strength and numbers

Tracey, Farisai, Nicole, Chloe and Nikki - great new team members joined Positive Money this year and got stuck into work quickly. In November, we welcomed director Fran Boait back from maternity leave, taking us to 14 staff. It’s been a year of supporting one another through lockdowns, homeworking, and important opportunities for impact.

A new decade, a new strategy

After ten years as an organisation, in 2021 we launched our new five-year strategy. In 2022 we’re excited to publish research exposing the extent of the revolving door between government and big finance, and to run our first citizens’ jury - helping a group of citizens design a wellbeing economy that works for them. Watch this space!

We’re so proud of the work of our supporters who have come together to push for positive change in 2021. There’s still a lot of work to be done for affordable housing, green jobs and building a democratic money and banking system. That’s why we hope you’ll stick with us in the new year as we ramp up the fight for a fairer, greener economy that works for all.   

Right now, just 2% of Positive Money supporters chip in regularly, but if more people did, together we could scale up our impact together in 2022. John, if you can, please will you become a regular donor today? 

We’d like to take this opportunity to wish you a happy and healthy new year from the whole Positive Money team,

Anna, Nicole, Zack, Chloe, Rachel, David, Danisha, Tracey, Simon, Fran, Farisai, Paul, Nikki and Mira