1. The Federal Reserve:

  • END BANK FOSSIL FINANCE: Use existing regulatory and supervisory tools to begin limiting and phasing down the financing of emissions. 
  • DIVEST AND INVEST: Align Fed spending and asset purchases with the Paris Climate Agreement’s goal of limiting temperature rise to 1.5°C
  • PUSH BANKS TO INVEST: Encourage and support bank investment to limit global temperature rise to 1.5°C, with an emphasis on lending to low-income communities and communities of color. 

2. Congress: 

  • Pass the Fossil Free Finance Act.
  • Expand the Fed’s mandate to eliminate racial, gender, and class disparities in jobs, wages, and wealth.