Fossil fuel financing is taking the global economy to the point of no return. Sign our letter to prevent a Climate Lehman moment | Finance Watch

Fossil fuel financing is taking the global economy to the point of no return. Sign our letter to prevent a Climate Lehman moment

The world economy cannot afford a financial crash on top of a climate crisis. Yet banks and insurers continue to play with fire by financing unsustainable energy sectors. Regulators need to act to mitigate risks.

Stability & Supervision

Open letter

Let’s increase pressure on policymakers

The problem: at a glance

A practical, powerful solution

The one-for-one rule is a solution that deserves attention. It is one of the most effective and fast-to-implement policy levers available to world leaders today to help safeguard the stability of the global economy and address climate risks.

We are calling on world leaders to protect us from a potential financial crisis, urging them to take action now.

Read our letters to:

Keep up the pressure on key decision makers

Add your signature

Read more about Finance Watch’s work on climate risk

Here are Finance Watch’s proposals on how to tackle the link between climate change and financial instability in the banking and insurance sectors: