The finance sector is increasingly reluctant to finance fossil fuel expansion, and ‘Big Ag’ could be next in the divestment campaign firing line, argues Charlotte Moore from SIGWATCH.
Big Oil in North America and Europe has been shocked to discover in the past year that the finance sector, under pressure from climate activists, is increasingly reluctant to fund further expansion. With campaign action heating up, and following a recent decision from bellwether city Berkeley, CA to divest public employee pension funds from factory farming, could ‘Big Ag' be next in the divestment campaign firing line? Calls for financial institutions to divest from fossil fuels have become a cornerstone of NGO climate campaigning over the past decade. Direct targeting of oil and gas com...
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