The door is open for our home-grown banks to show leadership by pledging not to finance or invest in the fossil fuel industry. And, importantly, this wouldn’t be out of character. New Zealand’s bold leadership has shifted the meaning of possible many times before: we were the first to give women the vote and introduced the pension well before it was mainstreamed across Europe, not to mention taking a firm stand on nuclear testing. New Zealand has a reputation for showing leadership. Now is the moment for our banks to seize the opportunity to be a leader once again.
But they won’t do it without pressure from customers. And that’s where you come in.