newiceberg

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Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests

Five of the world’s biggest banks are “greenwashing” their role in the destruction of the Amazon, according to a report that indicates that their environmental and social guidelines fail to cover more than 70% of the rainforest.

The institutions are alleged to have provided billions of dollars of finance to oil and gas companies involved in projects that are impacting the Amazon, destabilising the climate or impinging on the land and livelihoods of Indigenous peoples.

 

António Guterres warns of ‘climate crunch time’ and announces dire new scientific warnings of global heating

Fossil-fuel companies are the “godfathers of climate chaos” and should be banned in every country from advertising akin to restrictions on big tobacco, the secretary-general of the United Nations has said while delivering dire new scientific warnings of global heating.

In a major speech in New York on Wednesday, António Guterres called on news and tech media to stop enabling “planetary destruction” by taking fossil-fuel advertising money while warning the world faces “climate crunch time” in its faltering attempts to stem the crisis.

“Many governments restrict or prohibit advertising for products that harm human health, like tobacco,” he said. “I urge every country to ban advertising from fossil-fuel companies. And I urge news media and tech companies to stop taking fossil-fuel advertising.”

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