The Progressive


A project of Common Dreams

For Immediate Release

Blair FitzGibbon, 202-503-6141

Rainforest Action Network Responds to Statement by U.S. Banks on Climate Change



Ben Collins, Senior Campaigner with Rainforest Action Network's Climate and Energy Program issued the following statement in response to the joint statement on climate change issued by Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo today:

"Rainforest Action Network welcomes this call from the largest U.S. banks for governments to act on climate change. However, these same banks continue to finance billions of dollars each year for some of the largest carbon emitters on the planet. Government inaction is no excuse for financing companies that are accelerating climate change. That's why Rainforest Action Network (RAN) has joined the Paris Pledge, a coalition of over 130 other organizations around the world to call on the banking sector to commit to end all financing for coal mining and coal-fired power prior to the Paris Climate Conference."

Rainforest Action Network (RAN) is headquartered in San Francisco, California with offices staff in Tokyo, Japan, and Edmonton, Canada, plus thousands of volunteer scientists, teachers, parents, students and other concerned citizens around the world. We believe that a sustainable world can be created in our lifetime and that aggressive action must be taken immediately to leave a safe and secure world for our children.