Fossil Fuel Finance

latest news & developments

Fouled: Climate activist group Extinction Rebellion protest on March 12 in Johannesburg against Standard Bank’s financing of a pipeline in Tanzania and Uganda. Photo: Elizabeth Sejake/Rapport/Gallo Images

Update: Standard Bank rejects climate proposal

Climate considerations are pressing Standard Bank shareholders to push for the recusal of those with fossil fuel ties.

Tunicia Phillips

At the coalface: In a statement, President Cyril Ramaphosa described the political declaration as a “watershed moment not only for our own just transition, but for the world as a whole”.

Big banks under pressure to end fossil-fuel finance

Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change

Tunicia Phillips