The link between Russia’s power and fossil fuels has become strikingly clear so let's double down on our efforts to cut off all funding for fossil fuels - especially those with ties to the Kremlin.
Several companies are pulling out of Russian partnerships, but Deutsche Bank in Germany for example invested US$781 million in Irkutsk Oil Company in Siberia, weeks after Putin began amassing troops at the Ukrainian border. If Deutsche Bank withdrew from Russian oil and gas and encouraged other big banks across Europe to do the same - it would add to the mounting pressure on Putin to pull back and accelerate the phase-out of all fossil fuels.
Let’s call on the banks to stand in solidarity with the heroic resistance of Ukrainian citizens by immediately dropping their investments in fossil fuels - first and foremost Russian oil and gas.
Add your name to tell the banks: stop funding the climate crisis. Put people above polluters!
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