Divesting money from banks that fund fossil fuel projects has been going on for years. Now people are divesting in support of the Wet’suwet’en people. The following story and video are about a group going to a branch of the Royal Bank (RBC) in Halifax.
Flash mob descends on Halifax Shopping Centre in solidarity with Wet’suwet’en people By Elizabeth Goodridge – February 1, 2020.
KJIPUKTUK (Halifax) – Once it became apparent that RCMP were instructed to use lethal force against Wet’suwet’en land protectors, the hereditary chiefs evicted CGL workers from the land and asked for solidarity actions across the country as they anticipate another RCMP raid on their lands.
One such solidarity action took place in Halifax early this afternoon as a flash mob gathered at the Halifax Shopping Centre for prayers, songs, drumming and a round dance in solidarity with the Wet’suwet’en people of British Columbia.
Water protector and grandmother Dorene Bernard led the group in prayer.
“We are here in support of our brothers and sisters in Wet’suwt’en and Unist’ot’en who are going through similar things that we are facing here, protecting our land and our water, our rights as Indigenous people, and our title to the land that was never surrendered,” Bernard said.
The group made their way through the mall, ending up at a branch of the RBC. The Royal Bank is heavily invested in the CoastalGasLink project.
Supporters were asked to take their money out of RBC.
The following story is about another action supporting the Wet’suwet’en people, this time at a CHASE bank in the Bay Area of the U.S.
Bay Area: Trouble-makers Shut Down Chase Branch Over Climate Crisis and in Solidarity with Wet’suwet’en. CLIMATE ACTIVISTS SHUT DOWN CHASE BANK TO ‘STOP THE MONEY PIPELINE’ TO FOSSIL FUELS. Rising Tide North America. JANUARY 31, 2020.
On the heels of Goldman Sachs and Blackrock announcements to divest from oil and gas, pressure is mounting on JPMorgan Chase, the world’s largest funder of fossil fuels
SAN FRANCISCO, CA, January 31, 2020 —Dozens of local activists launched the ‘Stop the Money Pipeline ‘campaign in Bay Area today with creative disruption at Chase Bank at [location to be disclosed]. These citizens are demanding that JPMorgan Chase – the largest funder of fossil fuels worldwide – defund fossil fuels immediately to protect the planet. The action was coordinated by the Bay Area Climate Coalition, which includes Extinction Rebellion SFBay Area, Rainforest Action Network, 350 Bay Area, 350 Silicon Valley, XR Youth, Wet’suwet’en Solidarity Front Bay Area, and Diablo Rising Tide.
According to the “fossil fuel finance report card” published by a coalition of environmental organizations, JPMorgan Chase is the world’s top banker of fossil fuels. The bank has provided over $195 billion in financing to fossil fuel companies since the Paris Agreement was signed in 2015. Activist and actress Jane Fonda is helping to lead the call to JP Morgan Chase CEO Jamie Dimon to stop funding the destruction of the planet.
Chase customers are cutting up their credit cards as part of the #CutTheChaseChallenge. The Bay Area Climate Coalition recommends investing with socially and environmentally responsible banks or local credit unions. “A lot of people don’t know where their money sleeps at night. Moving your investments to align with your values is one of the biggest things you can do for the planet,” said Extinction Rebellion activist Sandra (last name omitted for privacy).
The Stop the Money Pipeline mentioned above posted this interesting coordinated action. Bill McKibben and others stage a sit-in at a branch of the CHASE bank in the Bay Area. He is connected by phone to Jane Fonda who leads a rally close to the CHASE bank McKibben’s group is sitting-in. Jane Fonda’s group then goes to the bank in support of those inside.