*[Enwl-eng] Keep coal funders away from the Green Climate Fund

[ENWL]

Urge the GCF Board to rise to put public money to enact healthy, 
sustainable, and equitable recovery plans
The Green Climate Fund (GCF), set up by the United Nations Framework 
Convention on Climate Change, is the world’s largest fund dedicated to 
helping developing countries respond to the climate crisis. It aims to 
increase the capacity of developing countries to reduce their emissions and 
enhance their ability to adapt to climate breakdown.

We are alarmed by the news that Sumitomo Mitsui Banking Corporation — the 
world’s third-biggest lender to coal plant developers — applied to be an 
accredited institution to receive money from the GCF.

Will you help us keep fossil fuel funders away from the Green Climate Fund?

Sign to support our letter to the GCF Board
Given Sumitomo’s track record of supporting dirty energy projects, we 
believe that they should be denied accreditation. Fossil fuel funders are 
the very reason for the continued reliance on coal, oil and gas in many 
countries. These investments continue to not only harm local communities and 
ecosystems but also intensify the climate crisis.

We need your help to tell the Green Climate Fund Board that coal funders 
cannot be legitimate partners in implementing climate projects in the 
developing world.

There is no justification for Sumitomo Mitsui Banking Corporation to be 
considered a partner in spending public funds that are critically needed for 
climate action.

Help us urge the GCF Board, who are meeting next week, to instead rise to 
the challenge by putting public money on the table to enact truly healthy, 
sustainable, and equitable recovery plans that benefit people and the 
planet.

In solidarity,

Chuck Baclagon for 350.org


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From: Chuck Baclagon - 350.org
Sent: Friday, August 14, 2020 8:12 AM
Subject: Keep coal funders away from the Green Climate Fund



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