This is a critical moment—NY has the power to lead where federal efforts are stalling. What policies should we be prioritizing? What are you seeing in other states? Let’s push for bold action together.

📽️ Watch & share the video: eany.org/banks
💬 Thoughts? Drop them below. ⬇️

1️⃣3️⃣ Expand Renewable Energy Incentives
Introduce state tax benefits & public-private partnerships to accelerate renewable energy adoption & grid modernization.

1️⃣2️⃣ Restrict Fossil Fuel Financing
Phase out bank investments in new fossil fuel projects while prioritizing clean energy funding.

1️⃣1️⃣ Increase Lobbying Transparency
Mandate disclosure of financial sector lobbying to expose & counter efforts that undermine climate policy.

🔟 Enforce Pro-Transition Lending
Ensure bank financing supports credible decarbonization plans tied to real emissions reductions, not greenwashed offsets. @mindylubber.bsky.social

📢 What New York can do:

9️⃣ Mandate Climate Risk & Emissions Disclosures
Require big companies to report their climate risks & emissions (incl Scope 3) & thank NY's legislative champions:
@bradhoylmansigal.bsky.social @senatorharckham.bsky.social @deborahjglick.bsky.social @lizkrueger.bsky.social

8️⃣ Our Vision: Climate Accountability in the Financial Sector
@greenwatchdogny.bsky.social is pushing for enforceable state-level regulations to ensure financial institutions align with science-based climate targets. Voluntary commitments aren’t working—it’s time for real accountability.

7️⃣ The movement is at a crossroads. With federal rollbacks and bank retreats, we need to rethink strategy. This video is meant to spark ideas on what’s next—because relying on voluntary commitments was never enough.

6️⃣ We’ve seen this work before. From cracking down on predatory lending to leading corporate transparency efforts, NY has set national precedents. Now, it must do the same for climate finance accountability.

5️⃣ New York has the tools to act. As the world's global financial hub and home to Wall Street, NY can lead where federal action is stalling—leveraging state-level financial regulations, corporate disclosure laws, and public finance policies to hold banks accountable.

4️⃣ Why? Fiduciary duty, unchecked corporate interests, and the extreme swings of U.S. political power make self-regulation and long-term risk accountability nearly impossible. Policy must shift financial calculus so polluters—not the public—bear the costs of their actions.

3️⃣ The takeaway? Voluntary climate pledges were never enough—and were never meant to replace real regulation. Wall Street will always prioritize short-term profits unless forced otherwise.

2️⃣ This isn’t just about PR spin. The financial sector holds the keys to decarbonization. @jamesvaccaro.bsky.social

1️⃣ Big banks are walking away from climate commitments.
JPMorgan, Morgan Stanley, Citi & others have quit the Net-Zero Banking Alliance (NZBA)—a move that underscores how voluntary pledges crumble under the Trump Administration's non-business-friendly- political pressure.