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 “consistent with a pathway toward low greenhouse gas emissions.” 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.
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