“We’ve never seen anything like this” ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

 
 

An aerial illustration of the Amazon forest on fire

John,

The Amazon is speeding toward a point of no return — scientists say if 20% of the forest is lost, it will set off a domino chain that will cause the whole ecosystem to collapse.

18% of the forest is now gone. Local communities are crying out after 3 years of drought. We should be in red alert.

Yet the worst offenders behind the climate forces destroying the Amazon – a rotten, predatory financial industry that has poured an astounding $4.6 trillion into fossil fuels in the last few years alone – are flying completely under the radar. Their profits are even soaring!

We’re going to change that. We have a crack team ready to hit the ground running – to expose the big banks’ responsibility for this Amazon emergency, then run massive campaigns in the media and with shareholders to force them to change. We’ll shine the spotlight on them like never before.

It could be a turning point for the planet. Can you chip in to hold these Amazon-destroying climate criminals to account?

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Scientists are losing it, saying “We’ve never seen anything like this.” The Amazon needs heavy, tropical rains and endless, winding rivers to survive. That's why the rainforest "has never been closer" to collapse -- and global calamity. 

Yet JPMorgan Chase, Citi, and Bank of America are carrying on with business as usual, pumping trillions into dirty energy even AFTER they promised to slash emissions. The companies they shower with loans, investments, and insurance are responsible for 71% of all greenhouse gas emissions.

If banks just defunded fossil fuels, it could literally reset our global economy – and the fight against climate change.

But right now, the financial incentives are all wrong. We need to change the calculation by making these banks as famous for fuelling climate chaos as they are for plastering their names all over sports stadiums. Here’s how we’ll do it:

  • Make the CEOs famous for their role in climate destruction, hounding them at public appearances and splashing their faces on billboards and in the media;
  • Pass new regulations to close loopholes and make fossil fuel projects too expensive and too difficult to bankroll;
  • Organise employees of targeted banks and insurers to oppose their companies’ policies from the inside;
  • File shareholder resolutions around the world to change the rules for investing in favour of the planet.

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These companies are the root of the climate crisis that’s causing the Amazon to dry up – and countless other tragedies. If we’re going to save the planet, we’ll have to change the way they do business.

We know it can be done, John. Because we’ve done it before when we convinced insurance giant AIG to stop underwriting a disastrous, climate-wrecking coal mine near the Great Barrier Reef. But we need your help to win again.

Will you join the fight and chip in to take on the big banks destroying the Amazon?

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Thanks for all that you do,
Will, Yasmin, Danny and the SumOfUs team


More information:

How the forest dies, The Washington Post, 18 November 2022.

World's top banks pumped $742 bln into fossil fuels in 2021 - report, Reuters, 30 March 2021.

Big banks’ trillion-dollar finance for fossil fuels ‘shocking’, says report, The Guardian, 24 March 2021.

Drought robs Amazon communities of 'life-giving' river, BBC, 10 March 2022.

 
 

SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

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