Last month UN Secretary General Antonio Guterres warned that (https://www.bbc.co.uk/news/science-environment-52370221), despite the impacts of the coronavirus pandemic, the world mustn’t forget the “deeper environmental emergency” facing the planet as a result of climate change. It’s currently unclear what the long-term impact of the pandemic will be on the oil and gas industries, with some analysts speculating (https://amp.theguardian.com/environment/2020/apr/01/the-fossil-fuel-industry-is-broken-will-a-cleaner-climate-be-the-result) that it may hasten these companies’ inevitable demise. Whatever happens, however, Divest East Sussex will be resuming its campaign to divest the East Sussex Pension Fund from fossil fuels as soon as this becomes feasible and appropriate.
In the meantime …
This Thursday 7 May, Barclays bank – the sixth largest backer of fossil fuels in the world – will be holding its Annual General Meeting (AGM) in London. A shareholders’ resolution has been tabled, calling on Barclays to phase out its funding for fossil fuels.
Here are three actions you can take to help put pressure on Barclays to stop funding fossil fuels:
> sign the change.org petition (https://www.change.org/p/barclays-barclays-stop-funding-fossil-fuels) calling on Barclays to stop funding fossil fuels;
> email Barclays company secretary today (details below);
> help strengthen the voice of those who’ve tabled the resolution by being part of the social media storm at 11am on Thursday 7 May (details below) Continue reading Take action this Thursday (7 May) over Barclays’ funding of fossil fuels!