News & Campaign Updates

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  • End Fossil Fuel Finance
  • July 27, 2021
  • WATCH: New ‘Fossil Free Federal Reserve’ campaign launches

    Ahead of August 26-28 Economic Policy Symposium, communities demand Federal Reserve codify climate responsibility, urge Biden appoint a climate champion as Fed Chair.

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    Sen. Warren calls Fed Chair Powell a ‘dangerous man,’ says she will oppose his renomination

    Sen. Elizabeth Warren charged Tuesday that Federal Reserve Chairman Jerome Powell has led an effort to weaken the nation’s banking system, and she vowed to oppose his renomination.

    Activists Ramp Up Pressure on Biden Administration Ahead of UN Climate Talks

    Climate activists say the U.S. won’t be able to meet its emissions targets or climate finance goals, however, unless financial regulators force banks, insurers and asset managers to stop financing fossil fuels. With the Biden …

    New York Fed researchers develop climate stress test for banks

    Researchers at the New York Federal Reserve Bank have developed an approach to measuring banks’ exposures to climate-related risks, a possible early step toward assessing whether financial institutions have enough capital on hand to withstand …

    US pledge sets the tone, but we need stronger climate finance commitments in order to truly support the most vulnerable communities

    President Joe Biden announced today at the United Nations General Assembly (UNGA) he will double US climate finance for vulnerable nations from the previously promised $5.7bn a year by 2024, including for adaptation. The climate …