*[Enwl-eng] let’s get ICBC to go clean!

[ENWL]

coal financing.
Hi,

Following the momentous pledge of China1 two weeks ago saying that it will 
stop building and financing coal plant projects overseas, here’s another 
good news that you need to know.

The Go Clean ICBC coalition2 – a global network of civil society 
organizations and concerned individuals opposing the Industrial and 
Commercial Bank of China’s (ICBC) coal finance – with an amazingly renewed 
energy from people power around the world, ramps up its work to stop all of 
ICBC’s coal investments.

As such, we’d like to invite you to join yet another historic fight against 
fossil fuel finance. Are you in?

Yes, count me in
ICBC is the world’s biggest bank, and it’s also the biggest in financing 
massive coal power projects in Africa and Asia. In just two years – from 
October 2018 to October 2020 – ICBC channelled US$40 billion to the coal 
industry.

If ICBC’s coal financing continues, these projects will destroy fragile 
ecosystems, cause societal harm to communities, and contribute to millions 
of premature deaths caused by air pollution.

We must ensure that banks like ICBC cannot push forward dirty and 
unsustainable energy plans. ICBC must live up to its pledge3 to double its 
renewable energy investment overseas with a clear roadmap and timetable for 
coal phase-out.

For ICBC to honour its public commitments and harness its potential to 
become a climate leader, it needs to immediately stop all its financing to 
dangerous coal.

Now, as we wait for ICBC to declare alignment with the Chinese government’s 
pledge, let’s continue building power and pushing ICBC to be on the right 
side of history.

Join the growing movement demanding ICBC to make a clean break from coal.

Onwards,

Jenny on behalf of the Go Clean ICBC coalition

References
1] China’s coal declaration is a win for the climate movement
2] Go Clean ICBC global coalition
3] ICBC Chief Economist, Zhou Yueqiu announcing to double the balance of 
renewable energy investment and financing at the end of 2030


--------------------------------------------------------------------------------

350.org is building a global climate movement. You can connect with us on 
Facebook, follow us on Twitter, and become a sustaining donor to keep this 
movement strong and growing.





From: Jenny Tuazon - 350.org
Sent: Thursday, October 14, 2021 9:12 AM
Subject: Vladimir, let’s get ICBC to go clean!

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.enwl.net.ru/pipermail/enwl-eng/attachments/20211015/0b03615a/attachment.html>