How green is your money?
If your money isn’t in a sock under your bed, it is very likely being used to fund climate breakdown. Thanks to these new websites, it is now really easy to check and to make your money work for good.
NB: Banks have made it easy to switch current accounts – direct debits will be moved over automatically
Bank.Green was founded by a group of volunteers in late 2020. Each of them had been working on ways to raise awareness about the climate crisis, without paying much attention to their money. They became united by one, almost ridiculous question:
Are we working to help the environment, while our own money is simultaneously destroying it?
They set up Bank.Green to help all of us work together to force our banks to defund fossil fuels.
Switchit.green is a one-stop-shop for your bank, your energy provider and, from this autumn, your pension. They add up all the money that has been switched from fossil fuel-supporting banks by certain dates to encourage us!
Switch It is a not-for-profit organization that makes it easy for anyone to move their money out of institutions that fund fossil fuel companies. To date, they’ve helped individuals move over $180M and counting away from fossil fuels and into institutions that align with their vision for a clean energy future.
Make My Money Matter is the place to go to green your pension. Apparently, for every £10 you put in your pension, £2 is linked to deforestation.
How green is the money you give to your favourite charity?
Of course your favourite charity is Green Christian – and we bank with the Cooperative Bank. But how about the other charities you support, or even your church? Why not ask them?
A few Green Christian members are writing to charities, councils and other organisations they know, asking them to move away from banks investing in climate damage. If you would like to join the team, get in touch.
With thanks to Green Christian member Alan Ramage.
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Comments on "How green is your money?"
Alan Ramage:
I have been contacting the charities and NGOs we support to tell them about Bank.Green and inviting them to use it to check out their bank. All have responded with interest, most saying they will refer this to their finance department, and some saying they will use it to review their bank. Harry Barton, CEO of Devon Wildlife Trust, has forwarded the information to the other Wildlife Trusts in the country. I hope they will spread the word to their supporters. There have been surprising revelations about some major national NGOs and their choice of bank. Very few people I have spoken to have considered this dimension of a low carbon emissions lifestyle but all are going to look at the site.
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