Richard Brooks
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richardbrooks.bsky.social
Richard Brooks
@richardbrooks.bsky.social
Climate Finance Director @Stand.earth

Fighting climate change by challenging the power of the financial institutions enabling fossil fuels companies. Banks, pensions and retirement funds on my radar. Advancing climate finance action.
At the bottom of the list are banks like Scotiabank, RBC, JP Morgan, Itau Unibanco who seem to be on a mission to increase their financing of destructive projects and companies in the last two years, in the lead up to #COP30. Its disgusting.

#amazon #greensky
October 21, 2025 at 1:45 PM
Moderate achievers include ING, Societe General, HSBC and Barclays. They need to make the choice to do better or continue to make risky bets on destructive Amazon oil and gas companies like Gunvor and the rights violating Camisea gas project

#amazon #cop30 #greensky
October 21, 2025 at 1:45 PM
One bank that stands out for putting in place a Amazon exclusion policy that has worked to phase down financing of destructive oil and gas is BNP Paribas. They have some loopholes to close, but their corporate level policy is working

#amazon #cop30 #greensky
October 21, 2025 at 1:45 PM
The impressive life of Jane Goodall. If each of us could accomplish a mere fraction of what she did, the world would be such a better place..

www.nytimes.com/2025/10/01/o...
Jane Goodall, Eminent Primatologist Who Chronicled the Lives of Chimps, Dies at 91
www.nytimes.com
October 1, 2025 at 6:50 PM
But a really bad time to fast-track and invest in new #LNG projects in Canada as gas prices go negative, sub zero!

www.bloomberg.com/news/article...
Canadian Gas Hits Sub-Zero as LNG Plant Hiccups Keep Supply High
Canada’s benchmark gas price has tumbled to a record low as production hiccups at the country’s first LNG export plant on the British Columbia coast contributed to a surplus of supply.
www.bloomberg.com
September 30, 2025 at 2:25 AM
Since Carney’s speech and the Paris Agreement was signed, Canadian banks have loaned or invested more than $1 trillion to coal, oil and gas companies.
September 29, 2025 at 7:06 PM
Toronto rises to fight for justice

#drawtheline
September 20, 2025 at 7:50 PM
An overview of the data and report can be found here. It's worth the read.

It's clear that the time for voluntary action has passed. It's time now to litigate, legislate and regulate banks into taking real climate action.

@stand.earth

about.bnef.com/insights/fin...
Bank Financing Shows Little Progress on Climate Goals: Five Things to Know | BloombergNEF
Banks support the energy transition by financing projects and companies. Their lending to both low-carbon and fossil fuel ventures signals their transition readiness and mirrors the wider economy’s de...
about.bnef.com
September 18, 2025 at 1:55 PM
The worst performers remain the Canadian and US banks including RBC, TD, JP Morgan, Citi, Wells Fargo.

Notably @group.bnpparibas has shown that you can be profitable and be responsible. Their ratio is 2:1 and its an improvement from last year. They are singular bright light in a dark banking cloud
September 18, 2025 at 1:55 PM