US Banks: Don't finance Arctic Refuge drilling!

US Banks: Don't finance Arctic Refuge drilling!

We know that funding fossil fuels is a terrible long-term investment, however, American banks have been slow to get the message. Now, that's starting to change. In response to pressure from Indigenous leaders and climate activists, Goldman Sachs became the first U.S. bank to rule out financing Arctic oil drilling, in addition to thermal coal mines and coal-fired power projects worldwide.

Big banks can be swayed by peer pressure – they don't want to fall behind on industry trends. Now that Goldman Sachs has joined more than a dozen of the world's largest banks in refusing to fund Arctic drilling, let's get other U.S. banks on board: Wells Fargo, Citi, JP Morgan Chase, Bank of America and Morgan Stanley.

Send a message to the CEOs of the other major U.S. banks, telling them that bankrolling Arctic drilling isn't just bad business – it's a threat to Indigenous rights and to the climate.

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