350.org: European Central Bank Urged to Stop Funding Fossil Fuels at Crunch Meeting
November 20, 2020
November 20, 2020
NEW YORK, Nov. 20 -- The 350.org issued the following news release on Nov. 19:
Today, a coalition of NGOs and charities - including 350.org, SumOfUs, Reclaim Finance and Greenpeace - wrote to the European Central Bank (ECB) to demand that it stops supporting fossil fuel companies as part of its developing response to COVID-19. The letter comes three weeks ahead of the ECB Governing Council meeting of December 10th, where governors are expected to ramp up the Bank's economic stimulus . . .
Today, a coalition of NGOs and charities - including 350.org, SumOfUs, Reclaim Finance and Greenpeace - wrote to the European Central Bank (ECB) to demand that it stops supporting fossil fuel companies as part of its developing response to COVID-19. The letter comes three weeks ahead of the ECB Governing Council meeting of December 10th, where governors are expected to ramp up the Bank's economic stimulus . . .