#actionaid

[kp777]

By Olivia Rosane

Common Dreams

Sept. 4, 2023

ActionAid found that since the Paris agreement, banks have funded the largest Big Ag companies doing business in the Global South to the tune of $370 billion and the fossil fuel sector to the tune of $3.2 trillion.

Since the international community promised to limit global heating to 1.5°C above preindustrial levels, the world's major banks have funneled 20 times more money to climate-polluting industries in the Global South than Global North governments have given those same countries to address the climate emergency.

That's just one of the findings of How the Finance Flows: The Banks Fueling the Climate Crisis, an ActionAid report released Monday.

"This report names the biggest offenders in the banking world and calls on them to see that they are destroying the planet, while harming the present and future for their children," Ugandan climate activist Vanessa Nakate wrote in the foreword. "It's time to hold financial institutions to account, and demand that they end their funding of destructive activity."

The report focuses on the financing of two major climate-heating industries in the 134 nations of the Global South: fossil fuels and industrial agriculture.

"People generally know that fossil fuels are the number one cause of greenhouse gas emissions. But what is less understood is that industrial agriculture is actually the second biggest cause of climate emissions," Teresa Anderson, the global lead on climate justice at ActionAid International, said during a press briefing ahead of the report's release.

This is because of the sector's link to deforestation, as well as the emissions required to produce industrial fertilizers, she added.

In total, since the 2015 Paris agreement, banks have funded the largest Big Ag companies doing business in the Global South to the tune of $370 billion and the oil, gas, and coal sectors to the tune of $3.2 trillion.

"Global banks often make public declarations that they are addressing climate change, but the scale of their continued support of fossil fuels and industrial agriculture is simply staggering."

The top three banks that invested the most in these sectors were the Industrial and Commercial Bank of China at $154.3 billion, China CITIC Bank at $134.7 billion, and the Bank of China at $125.9 billion. Citigroup came in fourth at $104.5 billion, followed by HSBC at $80.8 billion.

While China features prominently in the report as the world's largest economy, Anderson noted that much of what it produces ends up purchased by consumers in the Global North.

The top three banks in the Americas funding big agriculture and fossil fuels were Citigroup, JPMorgan Chase, and Bank of America. While Citigroup was the leading regional funder of fossil fuels, JP Morgan Chase gave the most to industrial agriculture.

In Europe, the top funders after HSBC were BNP Paribas, Société Générale, and Barclays, while Mitsubishi UFJ Financial rounded out the top Asian funders.

Where is all that money going? When it comes to agriculture, the leading recipient was Bayer, which bought out Monsanto in 2018. Banks have given it $20.6 billion to do business in the Global South since 2016.

Much of the fossil fuel money went to China's State Power Investment Corporation and other Chinese companies; commodities trader Trafigura; and the usual fossil fuel suspects like ExxonMobil, BP, Shell, Saudi Aramco, and Petrobras.

"This is absurd," Anderson said of the findings. "Global banks often make public declarations that they are addressing climate change, but the scale of their continued support of fossil fuels and industrial agriculture is simply staggering."

ActionAid called the report the "flagship" document of its Fund Our Future campaign to redirect global money from climate crisis causes to climate solutions. The report calls on banks to make good on their climate promises and stop funding fossil fuels and deforestation, as well as to put additional safeguards in place to protect the rights of local communities, raise the ambition of their goals to reach "real zero" emissions, and improve transparency and other measures to make sure the projects they fund are behaving ethically.

"This can be stopped," Farah Kabir, the country director of ActionAid Bangladesh, said during the press briefing. "The banks cannot continue to fund fossil fuel industries and industrial agriculture."

In addition, the report offers recommendations to Global North governments to ensure a just transition to a sustainable future for everyone. These included setting stricter regulations for the banking, fossil fuel, and agricultural industries as well as ending public subsidies for these sectors and channeling the money to positive solutions like renewable energy and agroecology.

However, the form that funds take when sent to the Global South makes a big difference, said ActionAid USA executive director Niranjali Amerasinghe. Instead of coming in the form of private loans, it needs to be in the form of public money.

"Providing more loans to countries that are already in significant debt distress is not going to support their transition to a climate-compatible future," she said.

One reason that loans are counterproductive is that nations that accept them are forced to provide a return on investment, and currently the main industries that offer this are in fact fossil fuels and industrial agriculture.

In addition to public funds, debt forgiveness or restructuring and new taxes could also help these countries with their green transition. If companies like Exxon or Bayer doing business in the Global South "were taxed in an equitable way, that would allow those governments to raise public revenue that can then be used to support climate action," Amerasinghe said.

In particular, the report emphasizes agroecology as a climate solution that should be funded in Global South countries.

"Climate change is real in Zambia."

Mary Sakala, a frontline smallholder farmer from Zambia, spoke at the press briefing about how the climate crisis and current agricultural policy put a strain on her community.

"Climate change is real in Zambia," she said, adding that it had brought flooding, droughts, pests, and diseases that meant that "families currently, as I'm speaking right now, sleep on an empty stomach."

Sakala saw hope in agroecology, which would help with food security and resilience, and make farmers less dependent on the government and large companies.

"We need policies to allow [us] to conserve our environment in a cultural way, to help us eat our food," Sakala said. "We want… every seed to be utilized and saved and shared in solidarity."

And she said that the companies and governments of the Global North have a duty to help them get there.

"Those people who are continuing to pollute and let the climate change increase, those people need to pay us, because we are suffering from the things that others are doing," she said.

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

#big banks #industrial agriculture #fossil fuels #ActionAid #climate change #climate crisis #investments to speed up the climate crisis #Youtube

[ledonnedellabirra]

Manca davvero poco al nostro OTTAVO COMPLEANNO! Il 20 aprile del 2015 alla Reggia di Venaria veniva costituita infatti l’Associazione Le Donne della Birra e finalmente quest'anno abbiamo anche un nuovo motivo per festeggiare ovvero il riconoscimento come Associazione di Promozione Sociale composta indifferentemente da tutti coloro che amano la birra e attraverso essa vogliono esprimersi x avere una propria visibilitá o anche solo per imparare qualcosa di piu su questo pazzo mondo “birroso”. Ma c'è anche di più: un altro buon motivo per partecipare al nostro Anniversary Day è che non ci limiteremo ad un brindisi, ma ne faremo addirittura quattro, dagli amici di @personalbrewery a Milano che ci ospitano per una tappa di SORSI DIVERSI DI COMPLEANNO!! Quattro le letture interpretate da @clairebasellini e quattro le birre offerte da @clairebasellini (La Buttiga), @sarabregol (La Spezia Brewing company), @crucianigemma (Birra La Dama), @federicafelice (Birrificio Cittavecchia) commentate e degustate da Michela Cimatoribus. L’evento sarà anche in diretta Skype perchè sarà anche un momento SOLIDALE, infatti il ricavato della serata andrà interamente ad @actionaiditalia che tra i vari progetti ne ha uno per portare sostegno alle donne terremotate di Siria e Turchia rimaste sole. Per partecipare di persona ti chiediamo di presentarci una ricevuta di almeno 20€ (la tua donazione a Actionaid è il costo della serata). Puoi inviarla via mail su [email protected]. E puoi contribuire come vuoi anche a distanza! Con questa serata vogliamo dire grazie alle nostre socie di sempre e ai nostri nuovi soci per questi anni trascorsi assieme e grazie anche a coloro che ci seguono e ci sostengono dall'esterno. Il nostro “movimento” è nato per dare anche alle donne la giusta voce in ambito birrario e abbraccia con interesse tutti coloro che ne vogliono sapere di più. Quindi se anche tu vuoi sapere cosa puoi fare con noi al tuo fianco, raggiungici o contattaci. . . . . #actionaid #sorsidiversi #eventisolidali #birraesolidarieta #compleannoddb #birraartigianale #drinkandthink #birraecultura #lettureebirra #degustazionibirra #beertasting (presso Personal Brewery) https://www.instagram.com/p/CqiyQQktpk2/?igshid=NGJjMDIxMWI=

#actionaid #sorsidiversi #eventisolidali #birraesolidarieta #compleannoddb #birraartigianale #drinkandthink #birraecultura #lettureebirra #degustazionibirra #beertasting

[indizombie]

Dr Sila Monthe is an International Rescue Committee health manager currently working in Kakuma Refugee Camp in Kenya. She said that she has seen increased nutrient deficiencies in women and young girls in the drought-affected area "as they often eat last, and worst". There are also concerns that as women go further afield to collect food and water they are exposed to increased risks of violence. Sophie Rigg, senior climate advisor at ActionAid, said that climate change is exacerbating gender inequalities and the solutions being discussed at COP27 must be tailored to the specific issues being faced by women.

Esme Stallard, ‘COP27: Lack of women at negotiations raises concern’, BBC

#BBC #Esme Stallard #COP27 #ActionAid #Sila Monthe #International Rescue Committee #Kakuma Refugee Camp #Kenya #nutrient deficiencies in women and young girls #Sophie Rigg #gender inequalities

[royabrehl]

Some of the wonderful artwork donated for our silent auction to raise money for humanitarian aid for those affected by the war in Ukraine. You can bid on these online via the link in my linktree (SEE BIO) or at our event in Sunday at @thecrescentyork (LINKTREE BIO FOR DEETS) *** Big thanks to all the artists who have donated work, the folks at The Crescent and @upsideyourmind who has co-organised this with us guys at @imaginarium_leeds 💛 Also to all the DJs who will be joining us to provide music for Sunday’s event #ukrainefundraiser #humanitarianaidukraine #actionaid #helpukrainecenter #charity #artistsyork #artforukraine🇺🇦 https://www.instagram.com/p/Ch7qqG-Myjn/?igshid=NGJjMDIxMWI=

#ukrainefundraiser #humanitarianaidukraine #actionaid #helpukrainecenter #charity #artistsyork #artforukraine🇺🇦

[youllbejudgedeitherway]

#ShareABetterPeriod because bleeding without anything to absorb or aid the situation is never a pleasant experience - this crisis needs to stop ✨️ . #ActionAid #Period #Charity #StopPeriodPoverty #AltGirl #AlternativeGirl #Feminism #PLNTS #PlantMom #DogMom #Pride #Bisexual #BiPride #PrideMonth (at Wilton, Wiltshire) https://www.instagram.com/p/CeTdWb4MPui/?igshid=NGJjMDIxMWI=

#shareabetterperiod #actionaid #period #charity #stopperiodpoverty #altgirl #alternativegirl #feminism #plnts #plantmom #dogmom #pride #bisexual #bipride #pridemonth

[snigskitchen]

Drawing by our sponsored child Pesa, in Cambodia. Child sponsorship keeps children in school and empowers communities. @actionaid #ActionAid #ChildSponsorship #SponsorAChild https://www.instagram.com/p/Cdd5XpvoJXL/?igshid=NGJjMDIxMWI=

#actionaid #childsponsorship #sponsorachild

[bumblebeeappletree]

#ad Brazil has a long and violent history of producing racial inequalities. As the last country to abolish slavery in the Americas, this relatively recent colonial history of slavery still impacts Brazil’s Black, Indigenous, and Quilombola communities. The SETA Project aims to advance racial equity by transforming Brazil’s education system to be anti-racist. SETA in Portuguese means “arrow,” which represents a symbol of justice that this program aims to take back, with the hopes of spearheading change and agility.

ActionAid Brazil works with Ação Educativa, the National Campaign for the Right to Education in Brazil, the National Coordination for the Articulation of Black Quilombola Rural Communities (CONAQ), Geledés – Black Woman Institute, and UNEfro Brasil to achieve this.

Listen as SETA Program Director Ana Paula Brandão shares how they are harnessing youth, education, and Black movements to trigger this national healing process and transform Brazil’s public schools by 2030.

Learn more: wkkf.org/RE2030

#News #NowThis

#now this news #now this #solarpunk #brazil #educational #educational system #education #racial inequalities #south america #black community #indigenous communities #Quilombola community #Quilombola #indigenous #SETA Project #anti-racist #anti racist #ActionAid Brazil #Ação Educativa #Right to Education #Articulation of Black Quilombola Rural Communities #CONAQ #Geledés – Black Woman Institute #UNEfro Brasil #Ana Paula Brandão #Youtube

[infocrazebyrepwoop]

Climate Change Threatens Water Resources, Warns Bangladesh's Environment Minister at International Conference

Highlighting the critical impact of climate change on water resources, Environment, Forest, and Climate Change Minister Saber Hossain Chowdhury expressed concerns about the threat posed to human civilization. Speaking at the 9th International Water Conference in Dhaka, the minister emphasized the adverse effects of climate change on water, a vital element for humanity and ecosystems. Organized by…

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#ActionAid Bangladesh #Climate Change #Environment Minister #sustainability #water availability

[edulearnweb]

ActionAid Ghana Tax Justice & Education Financing Training Held in Accra

ActionAid Ghana Tax Justice & Education Financing Training Held in Accra

ActionAid Ghana (AAG) has held a training programme dubbed Alliance Building Workshop on Tax Justice and Education Financing for about 40 Ghanaian youths drawn from the education sector, media, and CSOs among others to empower them with the requisite skills and knowledge on how to ask relevant questions and hold leaders and managers of state resources accountable for tax-related infractions,…

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#ActionAid Ghana #Tax Justice & Education Financing

[webvacancy]

Accountant – 2 posts at ActionAid Tanzania

Accountant – 2 posts at ActionAid Tanzania

ActionAid Tanzania is an anti-poverty agency working to end poverty and injustice. Qualified women candidates are highly encouraged to apply for this position. ActionAid Tanzania (AATZ) envisions seeing Tanzania without poverty and injustice in which every person enjoys his/her right to a life of dignity. Currently, the organization is looking for a qualified, experienced and selfmotivated person…

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#Accountant #ActionAid Tanzania

[tassospapaioannou]

Project: Open Centre for the Support of People in Northern Evia  Year: 2022 Client: ActionAid Hellas 
- - - Branding, identity design & environmental graphics (as internal Art Director) for the “Open Centre for the Support of People in Northern Evia” (supported by the Stavros Niarchos Foundation). 

#Tassos Papaioannou #Identity design #branding #environmental graphics #ActionAid Hellas #Stavros Niarchos Foundation #North Evia #Evia

[devjobs]

YAPPIKA-ActionAid Job Vacancy: Program Officer - Program MUTIARA, Jember - Jawa Timur

YAPPIKA-ActionAid Job Vacancy: Program Officer – Program MUTIARA, Jember – Jawa Timur

YAPPIKA-ACTIONAID JOB VACANCIES 2022 YAPPIKA-ActionAid adalah organisasi nirlaba yang telah berkiprah selama 30 tahun di Indonesia yang bekerja untuk advokasi kebijakan dan perbaikan layanan publik di Indonesia. Pada tahun 2016, resmi bergabung menjadi anggota Federasi ActionAid Internasional. ActionAid adalah federasi organisasi nirlaba yang beranggotakan organisasi-organisasi nirlaba di 45…

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#YAPPIKA-ACTIONAID

[royabrehl]

Posted @withregram • @royabrehl As part of an ongoing campaign to raise funds for Humanitarian aid to help people affected by the war in Ukraine, @3amrecordings are releasing this limited edition vinyl sampler featuring music from Al Bradley and Auto Sound City. All proceeds will go to Help Ukraine Center and ActionAid’s DEC Ukraine appeal 🇺🇦 There is also a various artists digital release featuring music from Al, Auto Sound City and many more released on @bandcamp through @imaginarium_leeds … Linktree, bio for links to both on bandcamp Or: https://3amrecordings.bandcamp.com/album/music-for-ukraine https://the-imaginarium.bandcamp.com/album/music-for-ukraine #ukraineaid #helpukrainecenter #actionaid #musicforukraine #3amrecordings #autosoundcity #albradley #vinylsampler https://www.instagram.com/p/Cgwsljhs1ag/?igshid=NGJjMDIxMWI=

#ukraineaid #helpukrainecenter #actionaid #musicforukraine #3amrecordings #autosoundcity #albradley #vinylsampler

[newsweb1]

Children's Day: Hope for the Village Child, Hosts Rural Kids to Funfair…….it's my first time of seeing recreation facility, says Primary 4 pupil

Children’s Day: Hope for the Village Child, Hosts Rural Kids to Funfair…….it’s my first time of seeing recreation facility, says Primary 4 pupil

By Uangbaoje Alex, Kaduna It was an event filled with excitement, joy and  surprises, as an NGO, Hope for the Village Child Foundation (HVCF), hosted some rural children from different communities in Chikun and Igabi Local Government Areas in Kaduna State to a Funfair as part of activities to celebrate the 2022, Children’s Day. Nigeria set aside 27th of May every year to celebrate children…

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#A Better Future for Every Child" #ActionAid Nigeria #Children&039;s Day 2022 #Hope for the Village Child Foundation #Kaduna

[lexzycom1]

Children's Day: Hope for the Village Child, Hosts Rural Kids to Funfair…….it's my first time of seeing recreation facility, says Primary 4 pupil

Children’s Day: Hope for the Village Child, Hosts Rural Kids to Funfair…….it’s my first time of seeing recreation facility, says Primary 4 pupil

By Uangbaoje Alex, Kaduna It was an event filled with excitement, joy and  surprises, as an NGO, Hope for the Village Child Foundation (HVCF), hosted some rural children from different communities in Chikun and Igabi Local Government Areas in Kaduna State to a Funfair as part of activities to celebrate the 2022, Children’s Day. Nigeria set aside 27th of May every year to celebrate children…

View On WordPress

#A Better Future for Every Child" #ActionAid Nigeria #Children&039;s Day 2022 #Hope for the Village Child Foundation #Kaduna

[queer-geordie-nerd]

HOW TO HELP:

A list of organisations working to aid communities around the world suffering humanitarian emergencies.

MSF provide urgent medical and surgical care in conflict and crisis zones, providing treatment to anyone who needs it, regardless of political affiliation or what side of a conflict they’re on.

The World Food Programme provides urgent food packages to communities that are most at risk of food insecurity, in places like Sudan, Ethiopia, Afghanistan, the Congo, Ukraine, Palestine, Syria, Yemen, and many more.

https://www.rescue.org/uk?_gl=1*1pjpb2g*_ga*MTA0MjAyNTQ0MC4xNzA3OTE3NTA1*_ga_2VX3X7JYPY*MTcwNzkxNzUwNS4xLjEuMTcwNzkxODMwMS4wLjAuMA..*_ga_DDZCWB8N2Y*MTcwNzkxNzUwNS4xLjEuMTcwNzkxODMwMS40Ny4wLjA.

The International Rescue Committee provides vital aid to people living in conflict zones, such as Ukraine, Gaza, and Sudan.

Action Aid supports women and girls around the world who are most at risk of deprivation and poverty, sexual violence and FGM. They also provide menstrual products in areas where it is almost impossible to find the most basic levels of hygiene and sanitation, such as conflict zones.

Beyond Conflict is a mental health charity working with survivors of war, with a focus on children, and are currently funding projects to help both Israelis affected by the Hamas pogrom in October and Palestinians affected by the ongoing war.

Refugees International works with refugees and displaced people around the world.

#how to help #ukraine #sudan #afghanistan #congo #yemen #palestine #israel