By

On the occasion of Chase’s Annual General Meeting (AGM), over 300 organisations from across the world demanded that JPMorgan Chase must do its part to realize the goals of the Paris Agreement, which calls for finance to be ā€œconsistent with a pathway toward low greenhouse gas emissions.ā€ They demanded that JPMorgan Chase announce that:

  • JPMorgan Chase will immediately stop financing expansion of fossil fuel extraction and infrastructure.
  • JPMorgan Chase commits to phase out fossil fuel finance on a timeline compatible with limiting climate change to 1.5°C.
  • JPMorgan Chase will immediately stop financing projects and companies that fail to respect human and Indigenous rights, including Indigenous peoples’ rights to their water and lands, and the right to free, prior and informed consent.

[embeddoc url=”[embeddoc url=”https://www.cenfa.org/wp-content/uploads/2019/05/JPMorgan-Chase-Open-Letter-May-2019.pdf” download=”all” viewer=”google”]

Your email address will not be published. Required fields are marked *

*

Partner With Us Through Your Support

Strong democracies need financial accountability.

Behind every policy is a financial choice. CFA works to make those choices transparent and just.

Your support enables CFA to research, monitor, and speak up on how public resources are used. Together, we can ensure finance serves the public good.

Support the work—support accountability.