Urgewald

EILT! Das "Generationenkapital" muss generationengerecht werden! Jetzt Petition unterschreiben! ❗ Am Freitag kommt das Gesetz zum #Generationenkapital in den Bundestag - im Entwurf fehlen jedoch verbindliche Vorgaben zum Schutz von Umwelt, Klima und Menschenrechten. 🌳 Gemeinsam mit Finanzwende, Greenpeace, Brot für die Welt, FIAN Deutschland, Facing Finance e.V., FOSSIL FREE Berlin, SÜDWIND e.V., Dachverband der Kritischen Aktionärinnen und Aktionäre und CorA-Netzwerk fordern wir den Bundestag auf, das Gesetz um ein klima-, umwelt- und menschenrechtsbasiertes Anlagemanagement zu ergänzen. Denn: 🏭 Ohne solche Regeln drohen Konzerne von den Renteninvestitionen zu profitieren, die unsere Klimaziele verbauen, an Regenwaldrodung beteiligt sind und Menschenrechte missachten. Was die Befürchtungen verstärkt: ☢ Ausgerechnet die KENFO - Fonds zur Finanzierung der kerntechnischen Entsorgung -Stiftung soll für das Generationenkapital zuständig sein. Unsere Analyse zeigt: KENFO hielt Ende 2023 Wertpapiere von 114 fossilen Unternehmen im Wert von rund 764 Millionen Euro. Die größten Einzel-Investments im Öl- und Gasbereich waren Shell, Total Energies und BP mit je 74, 67 und 62 Millionen Euro – alle drei wollen ihr klimaschädliches Fördergeschäft ausbauen. Als staatlicher Investor sollte die Bundesregierung für vorbildliche Geldanlage einstehen. Dafür sollte sie verbindliche Regeln zur Achtung von Umwelt-, Klimaschutz und Menschenrechten für das Generationenkapital einführen. Unsere neue #Petition fordert genau das. 🖊 JETZT UNTERSCHREIBEN: https://lnkd.in/duN4A3yZ Bundesministerium der Finanzen Bundesministerium für Arbeit und Soziales Christian Lindner Sustainable Finance-Beirat Michael Dittrich Markus Duscha matthias kopp B.A.U.M. e.V. - Netzwerk für nachhaltiges Wirtschaften

Mittlerweile hat unsere #Petition zum #Generationenkapital schon über 72.000 Unterschriften! 🤯 Schaffen wir es noch diese bis zum Übergabetermin im November die 75.000 zu knacken? Jede Stimme zählt! Hilf mit und sage ja zu einer Rente, die Menschenrechte, das Klima und unsere Umwelt schützt! Nein zu fossiler Rendite! Hier gehts zur Petition: https://lnkd.in/e8vyM_n6 Mehr zum Thema erfahrt ihr in unserem Gastbeitrag bei Table Media. 👇

Scary fact… 🎃 🛢️💰 👇 This oily man is destroying your future and you’re (most likely) paying for it (with your pension money). Did you know that over 5 TRILLION USD are invested in the fossil fuel industry and that a large part comes from our own pension savings? This means that OUR money is fuelling an industry that actively undermines the very future we are saving for. In order to raise peoples’ awareness, climate collective Fund Your Mother made this Halloween flic 📽️ 📺 👇 To notify half of Sweden’s population that they (unknowingly) are invested in big oil companies like Chevron and BP through the largest Swedish pension fund Sjunde AP-fonden, AP7 who invests a whopping 45 billion SEK in over 140 fossil fuel companies. Apparently, there are A LOT of Swedish pension savers who are not ok with this and thanks to our campaign they now threaten to move over 1.5 BILLION SEK from the fund, unless the fund moves its billions out of the fossil fuel industry before the end of the year. Let’s use this year’s Halloween to spread the word about where our pension money is actually going. And while you’re at it, why not start a similar campaign in your own country!? 💰🛢️☠️ ❌ 👇 Let’s get this dancing, reckless and oily man back in the ground… #movethemoney #fundyourmother #flyttapengarna

The global state of coal right before #COP29: 📈 thermal coal production at a record high 🔥 coal plant fleet still growing ⚠️ 95% of coal companies still without a phase-out plan 👉 Since the Paris Agreement, the world’s installed coal plant capacity has grown by 216 Gigawatts – with another 579 GW in the pipeline. Thermal coal production is set to grow by 2,636 million tons per year – a 35% increase on current levels. 👉 We found only❗7 companies❗that plan a Paris-aligned phase-out and a switch to renewable energy. The 2024 #GlobalCoalExitList has detailed information on more than 1,500 coal companies operating along the entire thermal coal value chain. More than 600 of them are planning to build more mines, extract more coal or build more coal power plants. Bottom line: The coal industry is not changing its destructive course.❌🔥 Years of engagement to achieve a sustainable transition have ultimately failed. ➡️ The way out: Cut these companies’ financial lifeline. Finance has the power to hasten the world’s exit from coal. However, this requires crystal-clear policies for rapidly phasing out coal finance and investment.❗ 🛠️ The tool: The Global Coal Exit List (GCEL) provides all necessary information for financial institutions to free their portfolios of coal companies. Investors representing almost $20 trillion in assets are already using GCEL.👏 🙌 The role models: Insurance companies AXA and Munich Re exclude all companies with over 15% coal revenue, while Denmark’s Danske Bank, Sweden’s Handelsbanken and Norway’s KLP exclude companies with over 5% coal revenue. ℹ️ Details at www.coalexit.org #coalexit #coal #climatecrisis #china #india #investments #phaseoutplan #transition #renewables #coalpolicy Stand.earth Instituto Internacional Arayara Rainforest Action Network Climate Action Network International Mellemfolkeligt Samvirke / ActionAid Denmark BankTrack Asian Peoples' Movement on Debt and Development (APMDD) Facing Finance e.V. 350.org Reclaim Finance - ONG ReCommon Center for Energy, Ecology, and Development (CEED)

The hidden ways in which The World Bank still supports fossil fuels. In the run up to the World Bank Annuals we dug into the IFC - International Finance Corporation’s trade finance commitments in FY2023. They are notoriously intransparent, but our conservative estimate is that $4.7 billion worth of trade finance went into oil and gas projects. Trade finance is growing year-on-year. The fossil fuel portion of it increases even quicker. According to our estimates, about 1/3 of all IFC trade finance went to oil & gas in FY2023. 5 out of the 9 IFC trade finance programs are eligible to support oil and gas business worldwide. To lead on climate action and protect the most vulnerable from the worst consequences of climate change, the World Bank Group must do the following: 1️⃣ Add coal, oil, and gas on the IFC exclusion list. 2️⃣ Audit all trade finance programs with regard to their fossil fuel commitments on country level. 3️⃣ Publicly disclose complete and consistent information for all trade and supply chain finance, including financial intermediaries, trading firms, projects, and traded goods. You'll find a link to our trade finance findings in the comments. Big Shift Global Don't Gas Africa Trend Asia

🎉 Zehntausende Menschen wollen Klima und Menschenrechte schützen bei den Renten-Investitionen des Bundes aka "Generationenkapital"! Unsere Petition hat einen Nerv getroffen. Zu den Erstunterzeichner*innen gehörten u.a. bereits Finanzwende und Greenpeace. Und noch bevor der Bundestag das Gesetz im November verabschiedet, wollen wir die Stimmen für nachhaltige Anlagekriterien in Berlin übergeben. Bis dahin brauchen wir so viel Unterstützung wie möglich. Also bitte unterschreiben und teilen! 🖊️ Hier geht's zur Petition: https://lnkd.in/e8vyM_n6 FOSSIL FREE Berlin FIAN Deutschland SÜDWIND e.V. Facing Finance e.V. Dachverband der Kritischen Aktionärinnen und Aktionäre

Italiens größter Versicherer Generali macht beim Klimaschutz riesigen Schritt in die richtige Richtung! 👏 Die neue Generali Öl- und Gasrichtlinie lässt Allianz, Munich Re, Hannover Rück-Gruppe und Talanx alt aussehen. Denn sie geht weiter als die Policies der deutschen Versicherer, die zwar die Versicherung von neuen Öl- und Gasfeldern ausschließen, aber nichts zu Infrastruktur haben. Generali zeigt den Weg und schließt auch Öl- und Gaspipelines sowie LNG Terminals von Transformations-Trödlern aus. Jetzt liegt der Ball bei den deutschen Versicherern, wenn sie ihren Anspruch Klimavorreiter zu sein nicht verlieren wollen. Mehr Info dazu bei unserem Netzwerkpartner Insure Our Future Global: https://lnkd.in/dgxznKpa

Anyone else feeling the Déjà-vu? After the United Arab Emirates last year, once again a petrostate is hosting the UN Climate Change Conference. The parallels are alarming: 🛢️ Azerbaijan is a major exporter of oil & gas 💸 The country’s state-owned oil & gas company SOCAR spends hundreds of millions of dollars to search for new fossil gas resources 🙆 The Aliyev regime has an abysmal human rights record COP29 is a crucial moment for countries to set more ambitious emissions reduction targets. Given the Azerbaijani fossil fuel expansion plans, we cannot but ask ourselves: Did the world put the fox in charge of the henhouse?   Under these conditions it will be extra hard for civil society and climate-ambitious governments to make the negotiations in Baku a success. Even more so as Azerbaijan’s fossil fuel path is funded by EU, The World Bank and other multilateral banks, European banks like DZ BANK AG and European fossil fuel companies like bp, TotalEnergies and Eni.   More about this in our joint new report with CEE Bankwatch Network: https://lnkd.in/eZAbmC_G ReCommon The Climate Reality Project COP29 Azerbaijan

We're at The World Bank Annuals in Washington, D.C. And we urge the bank to stop funding fossil fuels - directly and indirectly. Despite saying the right things about climate in public, the World Bank Group has poured billions into fossil fuel projects worldwide in recent years, both in direct and indirect financing (e.g. trade finance). The bank’s own research shows climate change could push up to 132 million people into extreme poverty this decade. If WBG is serious about its mission, it has to end all funding for any aspects of fossil fuel projects. A good place to start would be adding any fossil fuel-related expenditures to the list of prohibited items in all legally binding agreements with borrowers. One of the biggest challenges facing the bank today is its own long legacy of advancing projects that displace communities and devastate local ecosystems. Reversing this pattern and creating effective paths for local communities to address any harms will be critical to building goodwill and ensuring long-term success. The WBG must increase efforts to strengthen its existing independent complaints mechanisms to identify and learn from unintended negative impacts of funded projects. It must also commit to a people-centered remedy framework to redress unintended harm. 📸 Big Shift Global

Together with a coalition of CSOs, we are calling on The World Bank President to end the human rights violations against our partners in Cambodia. In recent months, there has been an escalation in the Cambodian government’s repression of critical voices. This has included attacks on two prominent human rights groups, Center for Alliance of Labor and Human Rights (CENTRAL) and Equitable cambodia. In a joint statement, over 160 organizations from around the world are calling on the World Bank to take urgent action and enforce its policy of zero tolerance against retaliation. We, the undersigned organizations, call upon World Bank President Ajay Banga to condemn the Cambodian government’s assault on human rights groups, including reprisals against World Bank project stakeholders. Read the full statement here: https://lnkd.in/dKzFmu_p NGO Forum on ADB Accountability Counsel Asian Forum for Human Rights and Development (FORUM-ASIA) Bank Information Center CEE Bankwatch Network Center for Human Rights & Environment Center for International Environmental Law (CIEL) FIAN Deutschland Public Eye SÜDWIND e.V. Trend Asia