Friend,
Right now, we have a rare, exciting opportunity to directly influence critical climate policy. But before I tell you all about it, a warning: It's going to sound super boring. But trust me on this one. This is worth a read and worth a direct action.
The Office of the Comptroller of the Currency just opened a public comment period on their new draft guidance. (Bear with me, I'll tell you exactly what this means!) The OCC regulates big banks—and they just issued their first-ever guidance telling those banks it's time to take climate change, and the risk that it poses to our economy, seriously.
And it's not just about banks. For communities (including people of color who are already being hit first and worst by the climate crisis) who cannot afford a climate crash that could wipe out their savings, this is a critical step. However, the OCC's guidance must be just the first in a series of actions. Because it won't be enough for banks to recognize the risk that climate change poses to the economy if they keep pouring gasoline on the fire. (For context: Since 2015, big banks have financed over $3.8 trillion in fossil fuels.) To make the OCC's new guidance matter, we'll need to build on this first step.
To secure this initial win and encourage regulators to go even further, we need to show massive public support—every comment the OCC receives proves that we need banks to take climate action.
That's where you come in: Will you please add your name to make an official comment today in favor of the new guidance? Then, we'll officially submit it DIRECTLY to OCC decision-makers on your behalf!
We have less than one week left to submit comments, and we can't miss this opportunity to stop banks from funding climate chaos. Let's show them just how strong (and loud) our community is. Click here to submit your comment through our form today, and we'll send it directly to the OCC.
Thank you so much for taking direct action today!
Lena Moffitt
Campaigns Director, Evergreen Action