We own RBS-NatWest - they owe us a secure climate!
Tell RBS-NatWest to stop funding climate chaos.
The Ditch Dirty Development campaign gets right to the root of what ‘makes climate change happen’: money. It tracks the finance which is pumped by the Royal Bank of Scotland (who own NatWest) into fossil fuel projects around the world. RBS-NatWest’s loans extract coal and tar sands, and build pipelines and coal-fired power stations.
Bailed out by the taxpayer and over 70% owned by the public, RBS-NatWest are using our money to bankroll climate chaos. The potential for government to act on our behalf and curtail this damaging finance is massive. They owe it to us - we own RBS-NatWest!
Tell RBS-NatWest to stop funding climate chaos.
The Ditch Dirty Development campaign gets right to the root of what ‘makes climate change happen’: money. It tracks the finance which is pumped by the Royal Bank of Scotland (who own NatWest) into fossil fuel projects around the world. RBS-NatWest’s loans extract coal and tar sands, and build pipelines and coal-fired power stations.
Bailed out by the taxpayer and over 70% owned by the public, RBS-NatWest are using our money to bankroll climate chaos. The potential for government to act on our behalf and curtail this damaging finance is massive. They owe it to us - we own RBS-NatWest!
What you can do:
Tell RBS-Natwest to stop funding climate chaos!Lobby your MP to sign Early Day Motion 880.
Help to Build the Boycott! Look out for more information in September!
More detail on the campaign:
The Ditch Dirty Development campaign aims to end financial support for fossil fuel extraction and exploration projects and massively increase support for renewable energy. Financial support for fossil fuel extraction and exploration comes from both public and private sources, so the campaign has two main targets: the Department for International Development (DFID) and The Royal Bank of Scotland (RBS).
Target 1: UK Government
DFID is the government body responsible for the UK’s international development aid. It is the link between the Government and international financial institutions which support fossil fuel extraction, like the World Bank.
There is a direct contradiction between government statements on the importance of tackling climate change, and their action in supporting fossil fuel development through the World Bank. The Ditch Dirty Development campaign aims to bring this dirty little secret out into the open and put pressure on DFID to act positively to tackle climate change.
For more information on why we target the UK government, see the public funding section of the national website.
Target 2: High Street Banks
The Royal Bank of Scotland (RBS), which owns NatWest, is the second largest bank in Europe and a hugely significant private funder of fossil fuel projects. Actively promoting themselves as the ‘Oil and Gas Bank’, they play a crucial role in making some of the most controversial oil and gas extraction projects a reality, from the Niger Delta to the Caucasus, from Angola to Qatar.
RBS refuse to acknowledge responsibility for the climate impacts of their lending to fossil fuel projects. As a major UK financial body RBS has influence within the sector, but by acting as a laggard when it comes to climate change there is a danger that they will hold back progress by other banks.
Solutions to climate change exist. Industrialised countries like the UK must drastically cut carbon emissions. This means ending our addiction to fossil fuels — which can’t be done without ending our support for the fossil fuel industry. Technologies which harness unlimited and non polluting renewable energy need far more support to be able to compete with and overtake fossil fuels. In the developing world, renewable energy could both provide access to energy for millions of people and help developing countries on the path to a low carbon economy.
To see more about why we target RBS, see the the private funding section of the national website.
If all the People & Planet groups in the country take action together we can put enough pressure on DFID and RBS to convince them to Ditch Dirty Development!
[From the national website]
