Move the money out of pollution. Climate solutions like clean energy and big batteries, electric cars and buses, and clean manufacturing are here and ready to take off. How your super fund can help solve the climate crisis:
* Super fund climate toolkit
* #DontBankOnIt: Exit coal, gas and oil by 2030
At what cost?
Australia’s financial institutions manage trillions of dollars in investments. Too many are funding huge polluting projects that fuel the climate crisis. Major banks and super funds finance many of our biggest and boldest projects. They have the unique power to direct billions into solutions to the climate crisis – and away from making it worse. Solutions that ensure our communities are powered by renewables, and have abundant opportunities in sustainable industries. Solutions that support life with magpies warbling and cities hugging rivers. Life we can all enjoy. We only get one beautiful planet. It’s simple economics. Common sense. Let’s invest in life, our communities and our planet – not climate-wrecking fossil fuels. Some useful reading:
* Nature is everyone’s business
* Business has a big role protecting nature and our climate
* Forces for nature
* The business drivers for protecting our living world
* #RecoverRebuildRenew
How we set a better course for people, communities and business
Let’s invest in climate solutions instead. When positive change stalls at the political level, we can pull another lever for climate solutions – moving money out of pollution. Everyday people and communities across the world are successfully pushing banks, super funds and insurers to take responsibility for their investments and step up for our climate. Thanks to people power, Australia’s big four banks have now made breakthrough commitments to stop funding coal by either 2030 or 2035. The ACF community is keeping the momentum going. Together, we are calling on the banks and super funds to stop funding fossil fuels that wreck our climate. Want to join in? Check out how much each bank is lending to the polluting industry, then call on them to move all their money out of fossil fuels. Nature is everyone’s business. We all rely on clean water, air and soil, a safe climate and a healthy planet. We can renew our energy system so it’s clean and renewable, and export Australian sunshine to the world
Moving dirty money out of politics
The Australian government also funds the climate crisis by subsidising coal and gas projects with public money. Weak political donation laws make it all too easy for shady dealings between coal and gas companies and our elected officials to skew public policy in favour of these climate-wrecking industries – driven primarily by their own profits. Currently, money talks in politics – way more than it should. But we can repair our democracy and put people and planet at the heart of politics. Learn more about securing a healthy and fair democracy that works for everyone, not just deep-pocketed big corporations. Some useful reading:
* Strengthen our democracy campaign page
Read More and Take Action
* ACF 2022 Pre-Budget Submission to the Department of Treasury
* $900bn of Australia’s economy directly depends on nature
* What do we want Australia to be in the net zero world?
* Coal burning prominent in six of the ten most polluted postcodes in Australia
* Pollution by postcode
* How your super fund can help solve the climate crisis
* Short-sighted funding for oil refineries slows transition to clean fuels and transport
* Businesses all talk on climate action
* Flood of money for polluting gas leaves survivors of extreme weather high and dry
* Budget ’22 treats nature like an optional extra