Tell Chase & MUFG: Keep Forests Standing
Do you know what Chase and MUFG have in common? They’re both pouring BILLIONS of dollars into the fossil fuel industry AND bankrolling rainforest destruction, taking away one of our best tools for fighting climate chaos.
Tell Chase and MUFG to stop double-funding climate chaos – it's time to defund fossil fuels and defend our forests!
To JPMorgan Chase and MUFG:
Your reckless financing is directly linked to climate change and deforestation.
When you finance fossil fuels and the companies that destroy our forests, you cause a crisis on two fronts: A warming planet and the loss of our very best carbon-capture technology, forests.
It is inexcusable that you knowingly make our planet less habitable and increase our suffering by double-funding climate chaos, all in the name of profit. As a matter of urgency, we demand that your financial institutions:
- Extend your No Deforestation, No Peatland and No Exploitation (NDPE) policies to also cover palm oil traders and clients involved in pulp & paper and beef;
- Stop funding fossil fuel expansion and commit to phasing out your fossil financing on a 1.5°C-compatible timeline;
- Ensure that the projects and companies you finance are aligned with the Paris Agreement goal of limiting global warming to 1.5°C.