What if Fossil Fuels Weren't Subsidized? Many people can cut their carbon footprint in half simply by switching banks and choosing a green pension asset manager.
Great interview by João Guilherme Brotto from ChnageNOW in Paris earlier this year, where I discuss how we can hashtag#MoveTheMoney from fossil fuel investments to green solutions.
https://www.youtube.com/watch?v=mHXnx1G5DNM
An Example of the Impact of Moving Your Money:
In Sweden, half of the population (5 million people) have their pension money invested by the state fund Sjunde AP-fonden, AP7.
According to their latest sustainability report for 2023, Sjunde AP-fonden's climate impact was 36.8 million tons of greenhouse gases. This can be compared to Sweden's territorial emissions of 45.2 million tons.
It takes just 5 minutes for any Swedish citizen to switch to a different fund at
.
For more concrete tips on how to make your savings fossil-free, visit
We provide data on 7,000 banks and pension companies, along with practical guides on how to switch to a better alternative.
What do you think? Have you moved your money yet?
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I moved my bank account to Triodos six years ago, but they've recently announced that they're removing the overdraft facility from personal current accounts. Can I afford to be ethical?
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A very great conversation with so many insights. Green pension asset managers ?Wow! we look forward to those in Africa.Amazing concept
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True! Eliminating these subsidies would create a level playing field for the renewable energy industry to compete and thrive✔