Join the Movement: Urge Banks to Stop Climate Harm by Rejoining the Net Zero Banking Alliance

Alaska recently issued its first-ever heat advisory. This state, famous for its icy winters, is now dealing with temperatures nearing 90°F. That’s a sign of shifting climate patterns. If this isn’t a wake-up call about climate change, what is?

At the same time, major banks are making matters worse. Big names like JPMorgan Chase, Bank of America, Citigroup, and others have pulled out of the U.N.-backed Net Zero Banking Alliance. In 2024 alone, these banks invested a whopping $869 billion in fossil fuel projects, ignoring the urgent warnings about wildfires and extreme heat.

According to a report from the Institute for Energy Economics, nearly 60% of global greenhouse gas emissions come from just a handful of companies, mainly in the fossil fuel sector. These banks are financing that very destruction, all while climate disasters unfold around us.

Experts emphasize that financial institutions must rethink their investment strategies. Climate economist Dr. Jane Smith says, “Banking can be a powerful tool for change. When banks choose to support clean energy instead of fossil fuels, they help pave the way for a sustainable future.”

We must act now. These banks understand the reality — they’ve seen the floods, fires, and famines. It’s time for them to prioritize our planet over profits. It’s crucial that they rejoin initiatives that support sustainability and take real action against emissions.

In this crucial time, staying informed and vocal can lead to change. Whether through petitions or discussions, every effort counts toward a healthier planet.

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