Urgewald publishes reports and data on the financial institutions backing the companies on GOGEL
Investing in Climate Chaos
At a time when the UN warns that greenhouse gas emissions must be cut in half by 2030, pension funds, insurers, mutual funds and asset managers are still gambling away our future by sinking money into the world’s worst climate offenders. Over 6,500 institutional investors are holding bonds and shares in coal, oil and gas companies to the tune of US$ 3.07 trillion. This website is a tool for citizens’ movements, customers and regulators to hold institutional investors accountable.
Who Is Financing Fossil Fuel Expansion In Africa?
The report identifies 200 companies that are exploring or developing new fossil fuel reserves or developing new fossil infrastructure such as liquefied natural gas (LNG) terminals, pipelines or gas- and coal-fired power plants in Africa - and the banks and investors behind these companies.