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Faith Leaders Chain Themselves to Citi HQ to Protest Fossil Fuel Financing
"We cannot profit off of death and destruction," one participant said. "We must love each other and the Earth."
Jul 30, 2024
Two dozen faith leaders and their supporters were arrested on Tuesday after chaining themselves to the doors of Citigroup's New York City headquarters to protest its financing of the climate emergency.
Around 50 people participated in the protest, which is part of the Summer of Heat series of actions demanding that Wall Street—and Citi in particular—stop funding oil, gas, and coal.
"I am here because I believe that there is a god in everyone and that calls us to take responsibility for destruction done in our name," Lina Blout of Earth Quaker Action Team said as she was being arrested. "We are all connected. We must live for the planet and each other, and not short-term profit."
Citi was the leading financier of fossil fuel expansion since the Paris agreement entered into force in 2016, spending $204 billion on the development of new oil, gas, and coal. It was also the second leading funder of fossil fuels over all, at nearly $400 billion. In addition to ditching climate-warming energy sources, participants in Summer of Heat want banks like Citi to "exponentially" up funding for renewables, respect the human rights of Indigenous and local communities, and contribute to a "climate reparations fund."
"We cannot profit off of death and destruction," Blout said. "We must love each other and the Earth."
Tuesday's action, led by GreenFaith, was part of the Summer of Heat's Faith Week, running from July 28 to August 3.
"We the people will not tolerate the bad practices of companies like Citi to fund and invest in oil companies who kill our world and it's future."
"Our faiths teach us that the Earth is a sacred trust and we are responsible for its care," GreenFaith wrote on social media. "Why is Citi continuing to violate that trust by giving hundreds of millions of dollars to oil and gas companies? We're here telling Citi: We can do better. We must do better!"
The faith leaders, dressed in white, converged on Citi at around 7:50 am Eastern Time. A total of eight people locked themselves to the doors, causing "chaos" as employees tried to enter for work. The blockade lasted for around half an hour.
"If you've got to walk through a gauntlet of protesters and cops to get to your job maybe you're working at the wrong place," nonprofit consultant Valerie Costa wrote in response to footage of the protest.
Among those arrested at the action were two frontline leaders from the U.S. Gulf Coast, which has been treated as a sacrifice zone by the oil and gas industry for decades.
"There is no future if we were to allow big oil and gas industries who produce death chemicals and products that will wipe out society," Debra Sullivan Ramirez, the president, CEO, and founder of Mossville Environmental Action Now, who was arrested Tuesday, told Common Dreams. "We the people will not tolerate the bad practices of companies like Citi to fund and invest in oil companies who kill our world and it's future."
In one incident, Citi security tried to force open a door while a protester was still chained to it, and then to yank him away from the door. When police joined in, the protester fell down.
"Police were contorting his legs behind the door," another demonstrator said, adding that "it looked painful."
Tuesday's protest brings the total number of arrests from Summer of Heat actions up to more than 450 since June 10, according to organizers.
It also follows a week that saw the four hottest days on record and comes as a heat dome is expected to descend upon much of the U.S., putting the Southwest, Southeast, and Great Plains at particular risk for potentially deadly heat, the Union of Concerned Scientists (UCS) warned.
"Fossil-fuel driven climate change has increased the frequency and severity of extreme heat events over the last half century," UCS said.
The group urged local, state, and national authorities to take immediate measures to protect people such as implementing heat plans, ensuring access to cooling centers, and enshrining protections for outdoor workers.
"But ultimately," UCS said, "limiting the number of days of extreme heat in the long term necessitates that policymakers and decision-makers in all sectors of society do their part to cut heat-trapping emissions, halt the decades-long deception and obstruction by fossil fuel companies that has enabled runaway climate change, phase out fossil fuels, and accelerate the transition to a clean and just energy system."
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Moms and Kids Protest Fossil Fuel Expansion at Citigroup CEO's Home
Dozens of climate campaigners were arrested for protesting the multinational bank's financing of new fossil fuel development.
Jul 27, 2024
Hundreds of activists, largely mothers and their kids, protested outside Citigroup CEO Jane Fraser's luxury apartment building in New York City on Saturday, calling for the multinational bank she leads to stop funding fossil fuel expansion.
The protest, at which 59 people were arrested, was part of the Summer of Heat, a program of nonviolent direct action led by five climate advocacy groups that has targeted Citigroup because it's a leading funder of the fossil fuel industry.
The activists set up a memorial on the sidewalk outside Fraser's building dedicated to the tens of millions of children who've been displaced because of climate change in recent years.
Marlena Fontes, a director at Climate Defenders who organized the action, explained the impact of climate change on her family in a speech to gathered protesters. She said that when haze from Canadian wildfires covered New York City last year, her son was afraid, and her one-year-old daughter had an asthma attack.
"She was just one of many, many children on this planet who are being affected by the climate crisis," Fontes said.
BREAKING: NYPD arrests grandparents, parents, students, scientists and clergy outside of @Citibank CEO Jane Fraser’s NYC penthouse.
Citi keeps pouring billions into oil, gas and coal projects killing our kids. Jane can’t hide from responsibility. #SummerofHeat pic.twitter.com/0FUBStYvuK
— New York Communities for Change (@nychange) July 27, 2024
The protestors marched from Citigroup's headquarters to the apartment building, located a few blocks away. About 200 or 300 people took part in the protest, and 59 were arrested; the police were on site before they even arrived, Alicé Nascimento, policy director at New York Communities for Change, one of the Summer of Heat organizing groups, told Common Dreams. The other organizing groups are Climate Defenders, Climate Organizing Hub, Stop the Money Pipeline, and the youth-led Planet Over Profit.
BREAKING: Hundreds of parents and climate activists are about to descend onto the luxury apartment complex of Jane Fraser, the high powered CEO of @Citibank, the world’s biggest funder of fossil fuel expansion.
We’re taking the crisis to her doorstep. #SummerofHeat pic.twitter.com/50zGKVBwjT
— New York Communities for Change (@nychange) July 27, 2024
Summer of Heat, which began actions in early June, has turned out to be aptly named, as the summer has been full of deadly heatwaves in the U.S. and across the northern hemisphere. Saturday's action came following a week of extreme global temperatures: Monday was the hottest day in recorded history, breaking a record set just the day before. United Nations Secretary-General António Guterres on Thursday called for coordinated global action to deal with extreme heat, including by transitioning away from fossil fuels.
Corporations like Citigroup make that transition far more difficult, campaigners say. Citigroup was responsible for providing more financing to companies developing new fossil fuel projects than any other bank in the world for the period from 2015 to 2023, according to a Banking on Climate Chaosreport published in May. In terms of overall financing to fossil fuel companies, Citigroup ranked second in the world, behind only JPMorgan Chase, at nearly $400 billion during that period.
Saturday's action was the first of the summer targeted at Fraser's home, though a smaller group of campaigners did protest there in February. Fraser has in the past expressed a willingness to take a climate into account in Citigroup's dealings.
Rachel Rivera, a member of New York Communities for Change, spoke to the gathered protesters about the struggles that her family has faced in the past and in the recent extreme heat. She was displaced during Hurricane Sandy in 2012 and lost loved ones in Puerto Rico to Hurricane Maria in 2017. A mother of six, she said that last week her 10-year-old daughter had to be hospitalized and intubated due to respiratory seizures brought on by the extreme heat.
"Jane Fraser should walk a mile in my shoes," she said.
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Elders Arrested Protesting Citibank Funding of Planet's Destruction
"We are on the cusp of a ruined planet, and the big banks like Citi are funding it, to the tune of trillions," said one organizer.
Jul 08, 2024
As Earth sizzles during what's likely to be its hottest summer on record amid a worsening planetary emergency, dozens of elder climate campaigners including 350.org co-founder Bill McKibben were arrested Monday in New York while protesting Wall Street giant Citigroup's continued fossil fuel financing.
Members of the group Third Act—who are mostly aged 60 and older—led a "funeral procession" near Citigroup's Manhattan headquarters in remembrance of the senior citizens who have died during recent dangerous heatwaves and to call out the bank "for being the number one funder of fossil fuel expansion in the world," according to Summer of Heat, which is organizing a series of ongoing climate protests.
Summer of Heat said McKibben was one of 46 demonstrators arrested Monday, and that "with today's protest, there have now been 305 total arrests in this summer's historic campaign of relentless, disruptive protests to stop Wall Street funding the oil, coal, and gas projects that are making our planet unlivable."
According to Summer of Heat:
Older Americans are worried about growing climate extremes and how Wall Street is using their savings to harm the planet and their grandchildren's future. Third Act supporters are retired teachers, healthcare professionals, lawyers, union members, parents, grandparents, great aunts, uncles, and now activists. They are taking action—together with youth and families—to make a difference! They are calling on banks like Citi to invest in a peaceful and livable world for all.
"It might feel very hot to us, but it was 122 degrees (Fahrenheit) in New Delhi two weeks ago. Lots and lots and lots of people died," McKibben told protest participants before his arrest. "Things like this now happen every day around the world, and they happen worst [and] first in the places that have done the least to cause this crisis."
"This is the deepest question of justice the world has ever come across," McKibben added. "And the bank that we're outside has done more than almost any institution on Earth to make it worse. Given full warning by scientists of all kinds for the last 30 years, they have decided instead to try to make profit off the end of the world."
Margaret Bullit-Jonas, an Episcopalian priest and author who took part in Monday's protest, said that "Citibank is destroying the world that God loved into being and entrusted to our care."
"At this decisive moment in history, we teeter on the brink of climate chaos," she added. "Now is the time for Citibank to choose life and to stop financing fossil fuels."
Third Act members were joined by activists from various climate, environmental, and social justice groups. Summer of Heat organizer Liv Senghor said that the campaign "is an intergenerational and intersectional movement."
"We know that there is no climate justice without social justice," Senghor said. "And we know that if we do not stop financial institutions like Citibank right now, we will all feel the deadly consequences today, tomorrow, and for generations to come."
HipHop Caucus president and CEO Rev. Lennox Yearwood Jr. asserted that "to limit ongoing damage, and ensure a bright future for the next generations, we need bold action now to curb emissions, transition to clean energy, and to help households and communities mitigate current and future risks."
Gus Speth, a former U.S. Council on Environmental Quality chair, warned that "we are on the cusp of a ruined planet, and the big banks like Citi are funding it, to the tune of trillions."
"It's time for the Citigroup board of directors to wake up to their responsibility," he added. "Citi talks about environmental sustainability but practices environmental destruction."
Citigroup contends that it is "supporting the transition to a low-carbon economy through our net zero commitments and our $1 trillion sustainable finance goal," and that its "approach reflects the need to transition while also continuing to meet global energy needs."
However, since the 2015 signing of the Paris agreement, Citi has provided $204.46 billion in financing for new fossil fuel projects, according to Stop the Money Pipeline, a Summer of Heat co-organizer.
"From the Bronx to the Gulf South, Black, Latine, Asian, Indigenous, and low-income communities living on the frontlines of the climate crisis—and the ones least responsible for it—face the highest asthma rates and staggering cancer rates while an unprecedented number of people are dying from heat waves," Summer of Heat said.
"Instead of staying home and hiding from the heat, organizers are calling on all New Yorkers and climate defenders from across the globe to take to the streets and demand that Wall Street stop destroying our future," the group added.
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