urgewald
Those who provide the funds are responsible for the business – or, as they say, “follow the money”: the environmental and human-rights organisation urgewald, with offices in Sassenberg and Berlin, uses this strategic approach to fight environmentally destructive projects. Accordingly, urgewald’s campaigns primarily target the investors and financiers of these projects, because no nuclear power plants, dams or pipelines can be built without loans or investors.
Why we support urgewald
The Paris climate targets cannot be achieved if the unrestricted burning of coal worldwide continues. Banks, insurance companies and investors are being called upon to withdraw their funds from coal and join the “coal divestment” movement. Instead of supporting this harmful industry with further investments, financiers should turn to more environmentally sustainable projects.
We have been supporting urgewald since 2014.
- Project: Coal exit
- Country: Germany
- Funding period: 2023-2024
- Funding amount: 120,000 Euro