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WDM condemns the link between public money and Cairn’s Arctic drilling. RBS underwrote loan to oil company one month before it acquired rig for arctic drilling.

A coalition of environmental and social justice organisations in the UK are condemning the use of public money through the 83% publicly-owned RBS to provide finance for Cairn energy that may have enabled them to start controversial offshore drilling in Arctic Greenland.

See coverage on Cairn's Greenland drilling here - Quest for oil reaches Earth’s final frontier - Herald

The revelation was made during the weekend that Camp for Climate Action was taking place at the Edinburgh headquarters of RBS [1] and a few days before the Greenpeace boat, the Esperanza, was challenged by a Danish warship near the Cairn rig. [2]

Edinburgh-based oil company Cairn Energy have started drilling in the Davis Straits off the coast of Greenland, nicknamed 'Iceberg Alley and close to where the recent Petermann glacier broke away. According to research that was revealed in the Sunday Herald, [3] RBS loaned $100 million to Cairn Energy on 11 December 2009, and then on 21 December 2009 it...

WDM condemns the link between public money and Cairn’s Arctic drilling. RBS underwrote loan to oil company one month before it acquired rig for arctic drilling.

A coalition of environmental and social justice organisations in the UK are condemning the use of public money through the 83% publicly-owned RBS to provide finance for Cairn energy that may have enabled them to start controversial offshore drilling in Arctic Greenland.

See coverage on Cairn's Greenland drilling here - Quest for oil reaches Earth’s final frontier - Herald

The revelation was made during the weekend that Camp for Climate Action was taking place at the Edinburgh headquarters of RBS [1] and a few days before the Greenpeace boat, the Esperanza, was challenged by a Danish warship near the Cairn rig. [2]

Edinburgh-based oil company Cairn Energy have started drilling in the Davis Straits off the coast of Greenland, nicknamed 'Iceberg Alley and close to where the recent Petermann glacier broke away. According to research that was revealed in the Sunday Herald, [3] RBS loaned $100 million to Cairn Energy on 11 December 2009, and then on 21 December 2009 it...

WDM objects to Ayrshire Power's planning application to build a new coal power station at Hunterston in Scotland. Scotland's climate debt to developing countries will only worsen.

A coal fired power station

Scotland owes a huge climate debt to countries across the world which have had, and continue to have, far lower emissions than us. It is vital that Scotland stops increasing this debt by making large and quick reductions in its own emissions. Building a new power plant at Hunterston will increase Scotland’s climate debt and is the wrong thing to do.  The proposed 1600MW power station, capturing only 15-25 per cent of its emissions, would have horrendous impacts on the lives and livelihoods of hundreds of thousands of people across the world through the climate change it would cause.

Read our objection here

Sharon Jordan

Over the weekend hundreds of people concerned about human rights abuses and the environment have gathered outside the headquarters of the Royal Bank of Scotland in Edinburgh. They’ve set up camp for four days to educate and campaign against the root causes of climate change.

After mobilising and helping stop the proposed third runway at Heathrow and a new coal fired power station at Kingsnorth, this growing mass movement is reclaiming our future from government and profit-hungry corporations.

Since the bank bail-out in 2008, the UK government has used a staggering £45.5 billion of UK taxpayers’ money – the GDP of Kenya and Tanzania combined – to prop up the Royal Bank of Scotland.

And RBS has been using that public money to finance projects and companies that are wrecking the climate and threatening human rights, such as tar sand extraction in Canada.

The Royal Bank of Scotland has been a Scottish institution for nearly 300 years, with its headquarters in Edinburgh. The £45.5 billion bail-out has left more than 80% of RBS owned by the UK taxpayer.

We have the right to demand that the government rein in the power of RBS, and the other bailed-out banks, and force them to keep to the highest environmental and human...

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By Tim Jones

Politicians break promises. We are told it is naïve to think otherwise. However, society can only function through the making of promises. It is how we collectively agree to work together.

In campaigning, we often have to comment and make judgements on promises rather than actions. During the general election campaign, we rated each opposition party based on what they said they would do. There was nothing else to go on.

Today we learnt that, rather than trying to be the ‘greenest government ever’ the coalition has dropped its pledge to introduce a limit on emissions from new power stations. An ‘emissions performance standard’, if set at the right level, would have prevented new dirty coal power stations from being built, such as Hunterston in Ayrshire or Kingsnorth in Kent.

The promise to introduce an emissions performance standard was made not once but over and over again by both Conservatives and Liberal Democrats. This...

Tim Jones

Politicians break promises. We are told it is naïve to think otherwise. However, society can only function through the making of promises. It is how we collectively agree to work together.

In campaigning, we often have to comment and make judgements on promises rather than actions. During the general election campaign, we rated each opposition party based on what they said they would do. There was nothing else to go on.

Today we learnt that, rather than trying to be the ‘greenest government ever’ the coalition has dropped its pledge to introduce a limit on emissions from new power stations. An ‘emissions performance standard’, if set at the right level, would have prevented new dirty coal power stations from being built, such as Hunterston in Ayrshire or Kingsnorth in Kent.

The promise to introduce an emissions performance standard was made not once but over and over again by both Conservatives and Liberal Democrats. This culminated in a...

WDM campaigners James O’Nions and Caroline Griffin are in Kenya to research the effects of food price rises on ordinary Kenyans. James reports on their first visit to Kibera, the huge slum on the outskirts of Nairobi.

Today Caroline and I visited a part of Kibera. We were there to meet a group of women from Kibera Women for Peace and Fairness. The group, which comprises hundreds of women, was formed during Kenya’s post-election violence in 2007, which had its epicentre in Kibera. Women and children were being caught up in the violence, including the police response, and being hit by teargas and worse.

Kibera Women for Peace and Fairness, Kibera slum, Nairobi
Kibera Women for Peace and Fairness, Kibera

When the food crisis hit in 2008, the women mobilised again. The daily wage that one person in Kibera is likely to be able to earn is about 50-150 Kenyan Shillings (around 40 pence). Before the price rises, a 2kg bag of maize meal, or unga, the basic staple, was around 50 Shillings. In order to make it into a meal for a family, they also need paraffin, cooking oil, salt, and ideally some vegetables as well. Yet when the price of maize on world...

 

A new WDM/PLATFORM report released today finds that transforming the Royal Bank of Scotland into the Green Investment Bank would kick start the green energy revolution.  The research, by former Pricewaterhouse Coopers consultant, James Leaton, finds that it would bring 50,000 new green jobs a year, boost the UK economy, reduce the UK's carbon emissions and improve international competitiveness - whilst not increasing the budget deficit.

It has recently been reported that amidst confusion and wrangling between George Osbourne and Vince Cable, the government may scrap plans to invest public money in a Green Investment Bank. Instead the government may rely on private capital to fund green projects such as wind farms, high-speed rail and electric cars.

The report was commissioned by pressure group PLATFORM and the anti-poverty campaigners, World Development Movement, who are campaigning for RBS to end its investment in high carbon projects. They reject the premise that investment in a green economy should be scrapped due to public sector cuts.

Deborah Doane, director of the World Development Movement, said: “It would be completely irresponsible and short-sighted to scrap public investment in a low carbon economy. RBS is...

 

A new WDM/PLATFORM report released today finds that transforming the Royal Bank of Scotland into the Green Investment Bank would kick start the green energy revolution.  The research, by former Pricewaterhouse Coopers consultant, James Leaton, finds that it would bring 50,000 new green jobs a year, boost the UK economy, reduce the UK's carbon emissions and improve international competitiveness - whilst not increasing the budget deficit.

It has recently been reported that amidst confusion and wrangling between George Osbourne and Vince Cable, the government may scrap plans to invest public money in a Green Investment Bank. Instead the government may rely on private capital to fund green projects such as wind farms, high-speed rail and electric cars.

The report was commissioned by pressure group PLATFORM and the anti-poverty campaigners, World Development Movement, who are campaigning for RBS to end its investment in high carbon projects. They reject the premise that investment in a green economy should be scrapped due to public sector cuts.

Deborah Doane, director of the World Development Movement, said: “It would be completely irresponsible and short-sighted to scrap public investment in a low carbon economy. RBS is sitting on billions of...

* New report: Gambling by banks like Goldman Sachs increased food prices

* UK must 'back, not block' new banking reform in Europe, say campaigners

* Over 800 people have pledged to call the FSA to demand action to stop banks gambling on food

Today banks have come under fire for risky and secretive gambling on coffee, cocoa and wheat which is playing havoc with prices.

Lovers of chocolate spread on toast with a cup of coffee in the morning face paying more for their breakfast as prices have rocketed on the international markets.

The same banks, secretive hedge funds and dangerous speculation that caused the sub-prime mortgage crisis and global financial meltdown are also causing food prices to rise massively, argues new research from anti-poverty campaigning group, the World Development Movement.

Cocoa prices have reached their highest levels for 33 years, increasing by 150 per cent over 18 months which could force some chocolate makers to raise prices and in some cases use less cocoa.

Although poor harvests acted as the initial trigger for price rises in cocoa, the finger is being pointed at hedge funds and big...

The US Senate is expected to approve a landmark bill on Wall Street reform later today, covering bank bonuses, financial transparency of complex derivatives, regulation of hedge funds and food markets. This legislation will send shockwaves across the global financial sector, but WDM fears that proposals for a similar EU crack down of the banks may not be backed the UK government.

US legislators have been under enormous public pressure to regulate secretive and complex derivative trading, which is blamed for triggering the global economic crisis.

France and other European nations are strongly supportive of similar proposals at the EU level, but we are concerned that the UK government could seek to block such reforms and are launching a new campaign next week to push the government to take the lead in pushing for financial reform in Europe. We point to the City of London’s track record of lobbying against EU efforts to force the so-called ‘shadow banking’ system out into the open, and are launching a campaign to get the government to crack down on excessive speculation by the banks.

Deborah Doane, director of the World Development Movement said:

“While the US is passing legislation in this area, the EU is well behind the curve. Because...

Thank you for joining our fight to stop bankers betting on food and causing hunger.

We will keep you updated as the campaign progresses.

Spread the word!

Click here to open an email to send to your friends

Are you on twitter? Send a tweet about the campaign (and we'll give you a shout out)

Support our campaigns

WDM relies on donations to support our campaigning work. Join us from £3 a month online or make a cash donation here.

Baffled by 'derivatives'? Do you know your 'over the counter' from your 'hedge'? Food speculation is an issue that can get quite technical but here's our jargon busting glossary which will help steer you around the murky waters of financial markets.

Clearing exchange

A clearing exchange acts as the intermediary between the buyer and seller of a derivatives contract. So instead of the buyer and seller interacting directly, the clearning exchange becomes the buyer to each seller, and the seller to each buyer, of a contract. The clearing entity makes the payments to each side of the deal,
covering the buyer and seller from the risk of the other side defaulting. This in turn provides financial stability by insuring both parties against default.

In contrast, derivative contracts which are sold directly between two parties (see over-thecounter derivatives below) can be defaulted on as either side may not deliver either the goods or the money. It was non-payment of derivatives
contracts (not traded through clearing exchanges) which contributed to the 2007/08 financial crisis.

In return for being protected from default, buyers and sellers pay a fee to clearing
exchanges. This protects traders from default by the other party and creates a...

WDM's light and airy self contained meeting space can be hired for away days, meetings and training events. The room is 80 square metres in size. It seats 18 if tables are arranged in boardroom style or up to 25 if arranged in a horseshoe style.

There are two comfortable sofas for break out group or tea breaks.
The room has a small kitchenette and an en-suite toilet, with more toilets available in the building. There is fast and reliable WiFi with a number of accessible power points for break out groups to use.

Price: £150 per day (charities), £200 per day (businesses)

A meeting room with a table and chairs

More information

For more information, contact Steven Thomson, tel 020 7820 4908, email steven.thomson@wdm.org.uk or Polly Moreton, tel 020 7820 4999, email polly.moreton@wdm.org.uk.

Download the booking form

Download information...

Here is our letter to the Royal Bank of Scotland following the meeting with him after the RBS AGM that was attended by our Scottish coalition to clean up the banks which includes ourselves, Friends of the Earth Scotland, Amnesty International, People and Planet & SEAD.  Also present at the meeting were two representives of Canadian First Nations who are being directly affected by the current tar sands operations...
17 May 2010

Dear Sir Phillip,

Thank you for meeting us at the end of last month in Edinburgh, and for your clear commitment to take our concerns and suggestions to the Board of RBS, and to Sandy Crombie as the senior independent director and chair of the Board's sub-committee on sustainability.
We are now writing, as agreed, to set out specific suggestions and proposals to address some of the concerns we have about the practices, policies and governance of RBS. These reflect the different competences and remits of each of our organisations.
Our concerns about RBS, especially as a primarily tax-payer owned bank, relate to the severe environmental consequences of financing projects and companies involved in exploitation of fossil fuels, and particularly tar sands, as well as to human rights abuses, and other social...

David Cameron has announced today that his government will be the 'greenest government' ever. We welcome the sentiment but we are sceptical and said that ‘history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night.’

Deborah Doane, director of the World Development Movement said:

"The Conservative/Liberal Democrat coalition has brought some progress for achieving climate justice. Whilst it's welcome that central government has pledged to cut its emissions by 10 per cent, history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night. It doesn't take the scale of the problem seriously, any suggestion that blue and yellow means green government are premature because there are so many unanswered questions about the policies.


"The Conservative/Liberal Democrat coalition has brought some campaign successes for climate justice. But it has also left a lot of unanswered questions, and media reports...

14 May 2010

David Cameron has announced today that his government will be the 'greenest government' ever. We welcome the sentiment but we are sceptical and said that ‘history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night.’

Deborah Doane, director of the World Development Movement said:

"The Conservative/Liberal Democrat coalition has brought some progress for achieving climate justice. Whilst it's welcome that central government has pledged to cut its emissions by 10 per cent, history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night. It doesn't take the scale of the problem seriously, any suggestion that blue and yellow means green government are premature because there are so many unanswered questions about the policies.


"The Conservative/Liberal Democrat coalition has brought some campaign successes for climate justice. But it has also left a lot of unanswered questions, and media reports suggesting that...

David Cameron has announced today that his government will be the 'greenest government' ever. We welcome the sentiment but we are sceptical and said that ‘history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night.’

Deborah Doane, director of the World Development Movement said:

"The Conservative/Liberal Democrat coalition has brought some progress for achieving climate justice. Whilst it's welcome that central government has pledged to cut its emissions by 10 per cent, history will judge this government on its green credentials by its policies to cut the UK’s emissions dramatically and getting a fair international climate deal, not by turning off its lights at night. It doesn't take the scale of the problem seriously, any suggestion that blue and yellow means green government are premature because there are so many unanswered questions about the policies.


"The Conservative/Liberal Democrat coalition has brought some campaign successes for climate justice. But it has also left a lot of unanswered questions, and media reports suggesting that blue and yellow = green government seem potentially premature."

The...

It's been announced today that Vince Cable will oversee business and banking in the new cabinet. This could signal good news for our clean up the banks campaign.

Working with People & Planet and PLATFORM, WDM has been calling for a stop to reckless behaviour by the banks even before the financial crisis began. Recently we have organised high profile protests targeting the use of taxpayers’ money by the Royal Bank of Scotland to finance high-impact oil and gas extraction, including tar sands that are having devastating impacts on indigenous communities in Canada and on the climate.

Deborah Doane, director of the World Development Movement said:

"We are pleased to hear that Vince Cable, who has consistently spoken out in favour of regulating the banking sector will be part of the new coalition government. Lib Dem policies have been progressive in the area of finance sector regulation, supporting the Financial Transaction Tax, a new Green Investment Bank and intervention to curb speculation through splitting up the banks. Importantly, they also committed at their Party Conference last year to end taxpayers' support for RBS' investments in tar sands extraction. Introducing these policies from the outset would be a real commitment to cleaning up the mess that...

Purple protests are springing up across the country in support of demanding a fairer electoral system - and an emergency rally has been called tonight at 5pm outside the offices where the Lib Dems are corralled in deep talks. I went to the first of these on Saturday at Trafalgar Square. There were about a thousand people – and some morris dancers – who as far as I could tell were not part of the demonstration – but made a typical rally into an eclectic or eccentric English affair. The rally itself was short but we decided to make our way from Trafalgar Square, past parliament and to Smith Square where the Lib Dems were holding talks.

It was quite amazing to see people so fired up about electoral reform, perceived as so complex and little understood that it has, until now, remained the domain of a few academics and politics geeks. Chants rang out including ‘we want to see Nick’ and ‘Fair votes now’ and ‘don’t sell out’. It was incredibly positive to see that this short notice demo had attracted people of all ages and Billy Bragg, who has campaigned for years for constitutional reform.

Nick came out to a...

As I write, I’m on the bus, heading north from Cochabamba on the long road to La Paz. Saying goodbye to Cochabamba, after two very different but equally inspiring conferences back to back – the ten year anniversary of the water wars and the People´s Conference – as well as meeting so many amazing people, feels like quite a pull. But at the same time I know that many of the connections and ideas that have come about in Cochabamba will last long beyond the time I have spent here.

The eight hour bus trip seems like a opportunity to reflect on the past few days. I’ve been on the bus for four hours now. The journey began with hints of lush green shrubs and plants clinging to the landscape. ‘Lush green’ should be usual at this time of the year, as the rainy season is just drawing to a close. But, as many people have told me since I arrived, not much rain fell this year, and the land is dry. As the scorched hills role past, the midday sun burns through the window and down on the deep red earth. We pass by parched rivers, and animals struggling to drink from evaporated lakes. The road, though a main highway connecting two major cities, is little populated. From the bus, Many of the adobe mud houses scattering the landscape, seem abandoned. Of course, as an...

I’ve been campaigning for stronger corporate accountability for a fairly long time. So it should come as no surprise to me that I don’t generally see eye to eye with corporate executives. But sometimes, just sometimes, you hope the facts speak for themselves – and that those corporate executives would have a sudden attack of conscience. So when a group of us met with RBS executives in Edinburgh after their AGM, we hoped the facts would speak for themselves.

When we were invited to meet with Sir Philip Hampton, RBS Group Chairman, and several of his team in public affairs and corporate sustainability, we of course thought the meeting had an air of PR spin to it.  But we also thought that perhaps, if only because they had made a serious endeavour to move the meeting and accommodate us (Chairmen don’t generally accommodate), they were prepared to move every so slightly on their position.

Canadian First Nations campaigners Eriel Deranger, and Heather Milton Lightning spoke poignantly about what was happening in their communities as a result of the tar sands mining just up river. Human, health and environmental disasters are what the tar sands are all about - an energy resource that’s six-times more carbon intensive than conventional fossil fuels, scarring an...

We met this morning with RBS executives, including Sir Philip Hampton, RBS Group Chairman, after yesterday's protests challenging RBS’ investments in controversial projects, such as tar sands.  This meeting represented a significant concession on the part of RBS who had previously resisted campaigners’ requests for high level meetings.

The campaign groups have been putting pressure on RBS to publicly commit to stop financing companies that are exacerbating climate change or developing projects without the free, prior and informed consent of indigenous communities.

“I was shocked to hear the Chairman state that RBS involvements in Tar Sands were seen to be so minute, that they hardly knew what the Tar Sands actually are. Eight billion dollars loaned to companies involved in tar sands extraction is hardly minute. Our local communities are feeling the devastating impacts of tar sands each and every day.” Said Eriel Deranger, of the Rainforest Action Network.

“We welcome RBS’ commitment to take our issues to board level discussion; however talk alone is not enough. We remain sceptical that this will lead to changes in RBS’ practises relating to lending in projects such as Tar Sands or Vedanta. The...

I’ve been campaigning for stronger corporate accountability for a fairly long time. So it should come as no surprise to me that I don’t generally see eye to eye with corporate executives. But sometimes, just sometimes, you hope the facts speak for themselves – and that those corporate executives would have a sudden attack of conscience. So when a group of us met with RBS executives in Edinburgh after their AGM, we hoped the facts would speak for themselves.

When we were invited to meet with Sir Philip Hampton, RBS Group Chairman, and several of his team in public affairs and corporate sustainability, we of course thought the meeting had an air of PR spin to it.  But we also thought that perhaps, if only because they had made a serious endeavour to move the meeting and accommodate us (Chairman don’t generally accommodate), they were prepared to move every so slightly on their position.

Canadian First Nations campaigners Eriel Deranger, and Heather Milton Lightning spoke poignantly about what was happening in their communities as a result of the tar sands mining just up river. Human, health and environmental disasters are what the tar sands are all about - an energy resource that’s six-times more carbon intensive than conventional fossil fuels, scarring an...

We met this morning with RBS executives, including Sir Philip Hampton, RBS Group Chairman, after yesterday's protests challenging RBS’ investments in controversial projects, such as tar sands.  This meeting represented a significant concession on the part of RBS who had previously resisted campaigners’ requests for high level meetings.

The campaign groups have been putting pressure on RBS to publicly commit to stop financing companies that are exacerbating climate change or developing projects without the free, prior and informed consent of indigenous communities.

“I was shocked to hear the Chairman state that RBS involvements in Tar Sands were seen to be so minute, that they hardly knew what the Tar Sands actually are. Eight billion dollars loaned to companies involved in tar sands extraction is hardly minute. Our local communities are feeling the devastating impacts of tar sands each and every day.” Said Eriel Deranger, of the Rainforest Action Network.

“We welcome RBS’ commitment to take our issues to board level discussion; however talk alone is not enough. We remain sceptical that this will lead to changes in RBS’ practises relating to lending in projects such as Tar Sands or Vedanta. The Chair explicitly denied any significant responsibility on...

Protests are underway across the UK targeting the RBS AGM over its investments in toxic projects and companies. In London, protesters gathered outside the Threadneedle Street RBS branch and a tar sands digger was used to highlight the devastating impact of extracting tar sands on Indigenous communities’ land and lives.

Protestors in front of a yellow digger

Elsewhere in the UK, hundreds of protestors are targeting local branches of RBS demanding that their bank stops using public funds to finance 'the most destructive and devastating companies in the world', such as tar sands and mining companies because of the impact on indigenous communities and climate change.

In Edinburgh, shareholders are entering the RBS AGM now and are being greeted by protesters from Friends of the Earth Scotland, Amnesty International Scotland, SEAD, Rainforest Action Network, Indigenous Environmental Network, all angry about RBS investing in tar sands and mining companies.

Canadian indigenous activist and campaigner for the Rainforest Action Network, Eriel Tchekwie Deranger will...

Pontus Westerberg, WDM's web officer is outside the RBS branch on Threadneedle Street following what is going on and keeping you updated throughout the morning. 

11.57 Back at the WDM office, uploading more pictures and news stories.  I will be linking to them from here during the day. The first photo of activists and the tar sands digger is on Flickr now.

10.21 Outside the Treasury, WDM and People and Planet handing in thousands of statements by the public demanding that the government intervene in RBS' investments in dirty and destructive projects such as tar sands.

09.35 More chanting from the protestors. 'RBS, get your hands out of tar sands!'

09.31 Protestors gather in the street outside the RBS branch. The digger is about to come around again.

09.19 Two of the protestors get on the digger.

get our money ot of tar sands

 

09.06 More chanting from the protestors. The digger is going around the block but will be coming back in a few...

Kate Blagojevic, used to be press officer

The PR tactic of organising a meeting with your opponents days before a protest or critical report is launched is as old as the hills. But it can still be disarming.

WDM has been working with PLATFORM and People & Planet for a year on the campaign to get RBS to stop investing our money in dirty and unethical companies and projects. During that time, we have repeatedly asked for meetings with high level reps from RBS to explain why they are the target of our campaign so that they will see that we are talking sense. They have always ignored us or offered us a meeting with their head of corporate sustainability, Andrew Cave. With no disrespect to Andrew, a meeting with the head of corporate sustainability of the bank that's got a track record of investing in the most unsustainable fossil fuel projects in the world is as useful as a chocolate teapot. We need to get in higher up, with someone who we can talk about the real issues with, rather than getting the corporate, green-washed brush off.

On Friday with just days to go before nation-wide protests, including outside the conference centre in Edinburgh, RBS has offered us a meeting with Andrew and the Chair of RBS, Sir Philip Hampton. We're happy to have this...

Kate Blagojevic, press officer

The PR tactic of organising a meeting with your opponents days before a protest or critical report is launched is as old as the hills. But it can still be disarming.

WDM has been working with PLATFORM and People & Planet for a year on the campaign to get RBS to stop investing our money in dirty and unethical companies and projects. During that time, we have repeatedly asked for meetings with high level reps from RBS to explain why they are the target of our campaign so that they will see that we are talking sense. They have always ignored us or offered us a meeting with their head of corporate sustainability, Andrew Cave.

With no disrespect to Andrew, a meeting with the head of corporate sustainability of the bank that's got a track record of investing in the most unsustainable fossil fuel projects in the world is as useful as a chocolate teapot. We need to get in higher up, with someone who we can talk about the real issues with, rather than getting the corporate, green-washed brush off.

On Friday with just days to go before nation-wide protests, including outside the conference centre in Edinburgh, RBS has...

WDM, together with People and Planet, have called a week of action to stop RBS from investing our money in dirty and unethical projects such as tar sands.

Wednesday 28 April is RBS’ AGM. Demonstrations will be happening outside the AGM conference and outside RBS branches across the UK to protest against the investment of our money in tar sands companies linked to human rights abuses of indigenous communities.

In Scotland, WDM will be joining forces with Amnesty International, Friends of the Earth Scotland, People & Planet and SEAD to organise a protest outside the AGM centre. Eriel Deranger, a Rainforest Action Network activist, who is from an indigenous community affected by tar sands extraction, will be speaking inside the AGM.

In London, WDM and People & Planet will be using a ‘tar sands digger’ to demand a stop to RBS using our money to invest in ‘blood oil’ and other destructive projects. We will be stopping by an undisclosed RBS branch, the Treasury and the House of Commons to make sure our message is being heard.

WDM and People & Planet groups are going to be making their voices heard outside RBS branches in major cities across the country. The map below shows which cities are being targeted.

 

...

To the 'people of the world' gathered in Cochabamba, its becoming increasingly clear that climate change is not just an environmental issue but a matter of justice. This week, hearing the testimonies of people from across the world where the impacts of climate change are already pervading into daily reality, has been incredibly powerful. But climate justice is not just about the impacts of climate change, but also impacts from the causes of climate change; the deforestation that destroys the way of life for forest peoples, extraction of fossil fuels, all too often being pushed through the neo-liberal policies of institutions like the World Bank, and mined by transnational corporations, with no concern for the impacts of local people. Even many of the solutions being proposed and implemented are pushing people into displacement and deeper poverty. As I heard one African speaker said today, “As long as they keep pushing false solutions, the climate debt continues to increase.”

Namoi Klein talking on panel

This morning I saw Naomi Klein...

Since the failure of the Copenhagen climate talks to both reach an outcome or even to ensure the voices of people who are going to be most effected by climate change were being represented, the Bolivian government have called a people’s conference to create space for the voices of the people – The People’s Summit on Climate Change and Mother Earth Rights

The importance of this conference at this time cannot be underestimated. Last weekend, the climate negotiations resumed at the headquarters of the UNFCCC in Bonn.  Here, more blatantly than ever before, rich countries were responsible for bullying and bribing the countries, that were standing up in opposition to the weak Copenhagen Accord – ironically not only the most affected but also the least responsible for causing the problem in the first place. One senior African diplomat told The Guardian that the UK, France, EU and US have told poor countries they would “suffer” if they did not back the Accord. WDM first revealed the bullying and bribery tactics of rich...

Alex Wood, used to be Campaigns and Policy Assistant

On Thursday 8 April, the World Bank Board approved a $3.75 billion loan to the South African energy giant Eskom. The loan was opposed by an international coalition of 200 civil society groups lead by 65 South African social and environmental organisations. Despite a huge amount of green spin from the World Bank the core element of this loan is $3.05 billion for the completion of the 4800 MW Medupi coal-fired power station which will be the fourth biggest coal power station in the world.

The loan comes at a time when it is imperative that the world cuts its addiction to carbon and especially coal. South African civil society is resisting the loan as it will increase South Africa’s already high level of debt by 5 per cent. This debt is especially problematic as, being in dollars, it leaves South Africa further exposed to the perils of exchange rate fluctuations.

Civil society is also protesting that the loan will further entrench Eskom’s monopoly which has allowed it to provide below cost energy to some of the biggest corporations in the world, while the poor pay around four times as much per unit of energy. There are also serious corruption allegations that the ANC will receive millions of dollars...

Patrick Bond and Desmond D'Sa

It is very important for Brits to not only keep the coal in the hole at home, as so many activists are doing. It's also the responsibility of the British citizen to watch your tax monies, and if via the World Bank they fund climate destruction, poverty and privatisation, to please speak out. 

The World Bank’s fossil fuel portfolio is the world's largest, and in 2004 the Bank board rejected its own internal Extractive Industries Review mandate to 'phase out' oil, gas and coal investments. Now, Bank president Robert Zoellick - a neoconservative ideologue (central to the Project for a New American Century) who served as an Enron advisor, Goldman Sachs official and US Trade representative (when he wrecked the WTO's Doha Round) - claims he is building a 'Climate Bank'. 

Zoellick will undermine any such claim on April 8 when the Bank Board is expected to approve a $3.75 billion loan to the South African electricity utility Eskom, to build the world’s fourth largest coal-fired power plant, Medupi.

Repaying the finance for Medupi and the next coal-fired plant (the world's third largest) will require a 127% real electricity price increase through 2012...

On March 25, campaigners calling for the European Union to introduce a financial transaction tax staged a symbolic tug of war between Robin Hood and his merry men (and women) and selfish bankers outside the European parliament.

The stunt took place as European heads of state gathered for the spring summit. The campaign, supported by WDM, is calling for the European Union to introduce a financial transaction tax - also known as a 'Robin Hood Tax”. The Robin Hood Tax is a tiny tax on financial market transactions, which, at very low rates of 0.05% or less, could raise hundreds of billions of pounds annually for domestic and international projects and would cost governments and ordinary citizens nothing. At the same time, it would help reduce the high-speculative transactions that were partly to blame for the current crisis.

Over the past weeks, innovative sources of finance, including the financial transaction tax, have gained support at all levels of EU institutions. This includes the European Parliament, which just passed a resolution supporting the tax.

The event was coordinated by a broad coalition of environmental, social, health, faith and trade-based citizens' organizations. It's now up to Heads of State to decide which way the tug-of-war will go -...

The budget has been widely portrayed in the media as a ‘phoney’ budget or a ‘ballot box’ budget because of the limited amount of 'real' economic policy it contained. But Alistair Darling’s plan for a Green Investment Bank is a huge step forward in our Climate Justice and Clean Up the Banks campaigns. This move shows the government’s recognition that to achieve global climate justice the UK needs to invest urgently in renewable energy and ditch dirty power which is causing climate change that’s hitting the poorest people in the world.

But we still need to convince the Chancellor that although the Green Investment Bank is a good idea there is a huge stumbling block on the path to success: the Royal Bank of Scotland. The Treasury’s £2 billion for green investment is completely dwarfed by the billions of pounds from the taxpayers’ purse that RBS is pouring into oil, coal and gas companies and companies that are heavily engaged in tar sands operations in Canada.

Any plans for a Green Investment Bank need to include RBS, which since the bail out has reduced its lending to renewable energy companies but it's been involved in $7.5 billion in finance to tar sands related companies; otherwise, as we pointed out in...

In today's budget Alistair Darling announced details of a £2 billion fund for a Green Investment Bank. We are welcoming the sentiment but are sceptical that the amount will make sufficient impact.

WDM is arguing that public money spent by the Royal Bank of Scotland on financing fossil fuel projects will mean that the Green Investment Bank fund will be 'throwing good money after bad'.

Deborah Doane, director of the World Development Movement said: “A Green Investment Bank is a good idea but we need far more than the £2 billion on offer to transform the UK into a low carbon economy. In order to achieve this, Alistair Darling must instruct RBS to use public money for exactly the kinds of projects it wants to fund under a Green investment Bank, rather than pouring billions from the public purse into companies that are heavily involved in tar sands extraction, mining and weapons manufacturing.

"The government's hands-off policy has allowed RBS to scale back its investment in renewable projects since the bail out and to support fossil fuel companies to the tune of $7.5 billion over the last three years. Some of these companies are heavily involved in tar sands operations that are devastating the rights of Indigenous Peoples in Canada and directly contributing...

A window of opportunity

In the run up to the general election, we have a window of opportunity to get politicians to listen to our call for justice.

We need your support to mobilise local activists around the country to demand that potential MPs commit to action on global poverty.

Please will you give £50 today, or however much you can afford to help us mobilise local activists at this crucial time?

  • £30 could help pay for briefing reports for local campaigners about what a financial transaction tax could achieve.
  • £50 could pay for materials for stunts, such as the hire of a JCB to highlight RBS' investments in destructive energy projects like tar sands.
  • £150 could help us found a new campaigning group in the UK.

Watch this short video to find out what you can do:

...

A window of opportunity

In the run up to the general election, we have a window of opportunity to get politicians to listen to our call for justice.

We need your support to mobilise local activists around the country to demand that potential MPs commit to action on global poverty.

Please will you give £50 today, or however much you can afford to help us mobilise local activists at this crucial time?

  • £30 could help pay for briefing reports for local campaigners about what a financial transaction tax could achieve.
  • £50 could pay for materials for stunts, such as the hire of a JCB to highlight RBS' investments in destructive energy projects like tar sands.
  • £150 could help us found a new campaigning group in the UK.

Watch this short video to find out what you can do:

...

Environmental and anti-poverty groups in the UK have reacted angrily to the Royal Bank of Scotland opening an 'oil and gas advisory' office in Calgary. RBS, which is 84% owned by the UK public, has been the subject of controversy in the UK over its record of being the UK bank most heavily involved in financing fossil fuel projects and companies around the world

There has recently been an Environmental Audit Committee hearing where the company created by the government to oversee the bailed out banks, UK Financial Investments, were vigorously questioned. MPs in the hearing demanded to know  whether or not RBS had been using public money to finance tar sands in Canada.

Speaking after the hearing, Martin Horwood, MP for Cheltenham and Environmental Audit Committee member, said: "The Government must stop RBS using our money to drive the most damaging projects on earth. RBS is using taxpayer's money to finance projects and companies that are driving climate change all over the world. These projects include tar sands extraction in Canada that is trampling on the rights of indigenous communities and destroying pristine wilderness."

The hearing took place on the same day that questions were being asked in Parliament, RBS announced it was opening an office in...

In solidarity with campaigners in South Africa, WDM has joined a call to the UK government to say no to a World Bank proposal to provide a $3.75 billion loan to South African energy giant Eskom. The project, which Eskom want to use as an excuse to raise rates for people living in South Africa, would increase energy poverty and cause environmental destruction that would hit the poorest people in South Africa hardest.

The project would also increase debt for South Africa which would fall most heavily on the poorest people. Furthermore, the proposal highlights why it is completely hypocritical for the World Bank to be involved in administering funds provided to help tackle climate change. 

WDM are calling for the UK, which is the biggest single donor to the World Bank, to vote against this loan. Below you can read our joint letter asking that Douglas Alexander votes against World Bank funds going towards Eskom’s venture.

Read more about the campaign in South Africa


Dear Secretary of State

Re: Proposed World Bank loan to Eskom, South Africa

We are writing to urge that the UK vote against the proposed $3.75 billion loan to Eskom for the Medupi coal-fired power...

Cover of tar sands report

Download 'Cashing in on Tar Sands' (PDF format)

As the oil sources available to Western oil majors became scarcer, the relative commercial attractiveness of the Alberta tar sands have improved.

These extraction ventures – dubbed ‘the most destructive project on earth’ - are threatening to have a devastating impact on the global climate and destroying the way of life for indigenous communities.

RBS is 84% publicly owned and is heavily involved in making this happen.

Take action to stop public money from financing 'blood oil'.

 

Kidtronic wants new world order

Global capitalism has entered a fundamental crisis of legitimacy, triggered by a ‘perfect storm’ of the banking meltdown, rising energy costs and a spike in world food prices. Governments in the world’s richest countries are looking on in horror as the debt and fossil-fuelled fantasies on which they have built their political mythologies crumble around them.

Amongst those witnessing the recent self-immolation of the financial system have been the world’s two billion poorest people, for whom the credit crunch is a permanent way of life. As a grim footnote to the main headlines about down-and-out bankers, the UN’s distinctly unglamorous Food and Agricultural Organisation (FAO) recently announced that rising food prices have plunged an additional 75 million people below the hunger threshold in the past year. This has brought the estimated number of undernourished people to a staggering 923 million worldwide.

This is the real evidence that 30 years of financial deregulation, trade liberalisation and reckless fossil fuel consumption has failed spectacularly to deliver just or sustainable progress. The end of the end of history...

The World Development Movement are today announcing a week of protests to be held simultaneously with the RBS AGM on Wednesday 28 April. This will involve protests outside the AGM centre in Edinburgh and RBS branches across the UK. We and oher organisations will be calling for a moratorium on RBS investments in tar sands because of their devastating impact on human rights and the climate.

Deborah Doane, director of the World Development Movement said: "It's deeply concerning to learn that so much of our money is being used to provide finance for tar sands extraction. These investments have a devastating impact on the lives of Indigenous communities in Canada, while fuelling climate change, just to service the rich world’s unquenchable thirsty for dirty energy.

"The consequences of climate change are already hitting the world's poorest people the hardest, and this completely cancels out efforts we take nationally to prevent catastrophic climate change. This is a huge injustice and during our week of protest we will be demanding that investment of our money into this 'blood oil' be stopped immediately."

This announcement coincides with the news that RBS have been involved in providing loans worth $7.5 billion in the last three years to...

WDM are not happy about  today's Royal Bank of Scotland's annual results and bonuses announcements.

As you may know, we are campaigning for RBS to phase out its investments in mining companies like Vedanta and projects, like oil extraction from tar sands that are linked with controversial human rights violations. We are arguing that the bonuses awarded for investments that hurt the lives of ordinary people and the publically owned bank should be benefitting society in the UK and around the world."What really annoys people is what these top bankers are being paid their bonuses for", said Julian Oram, head of policy. "Is it for investing public money into job-creating small businesses, better public transport systems or a greener economy that benefits society as a whole? No. It's for trying to make a quick buck out of dirty and destructive projects like tar sands that make bankers rich but everyone else worse off.

"Until the government directs RBS and the other bailed out banks to linking bonuses to 'doing good' rather than acting with the same callous disregard to fairness, or people and the planet that they have over recent years people will continue to get riled by issue of executive pay."...

The World Development Movement reacted angrily to today's Royal Bank of Scotland's annual results and bonuses announcements.

WDM is campaigning for RBS to phase out its investments in mining companies like Vedanta and projects, like oil extraction from tar sands that are linked with controversial human rights violations. They are arguing that the bonuses awarded for investments that hurt the lives of ordinary people and the publically owned bank should be benefitting society in the UK and around the world.

Julian Oram, head of policy at the World Development Movement said:
"What really annoys people is what these top bankers are being paid their bonuses for. Is it for investing public money into job-creating small businesses, better public transport systems or a greener economy that benefits society as a whole? No. It's for trying to make a quick buck out of dirty and destructive projects like tar sands that make bankers rich but everyone else worse off.

"Until the government directs RBS and the other bailed out banks to linking bonuses to 'doing good' rather than acting with the same callous disregard to fairness, or people and the planet that they have over recent years people will continue to get riled by issue of executive pay."

...

Ahead of the 2010 UK general election, WDM policy officer Tim Jones gives a snapshot of where the parties stand on issues that affect the world’s poorest people.

WDM and over 100 other organisations have challenged the major political parties to back a development manifesto, Vote Global. So how do the main parties stack up on key global poverty issues?

Trade justice

For the past thirty years imposition of free trade across much of the developing world has hindered economic growth and increased poverty and inequality. In contrast, countries that have been able to resist free trade have managed to cut poverty and increase employment. Since 1997, the Labour government has supported the EU, WTO, IMF and World Bank pushing free trade on developing countries.

The Conservatives and Liberal Democrats also support free trade and the current unfair round of world trade negotiations. The Green Party is distinct in calling for “fair trade not free trade” and for committing to push for reform of aggressive EU trade policies. Plaid Cymru also recognise the injustices of current international trade.

More and better aid

Labour, the Conservatives, Liberal Democrats, SNP and Plaid Cymru all support spending 0.7 per cent of UK income on aid...

The start of an unusal mobilisation of pension fund members has been kicked off by the organisation FairPensions to attempt to hold BP and Shell to account for their investment in tar sands.

The idea is that individuals contact their pension funds, through an online action, to show support of environmental resolutions that have been tabled at the annual meetings of BP and Shell this spring. These call on the oil giants to report on the investment risks associated with tar sands and their plans to address them.

Exploitation of tar sands by companies, which are in some cases financed by the UK taxpayer, due to our ownership of the Royal Bank of Scotland, is likely to cause a stir this week with a new report from PLATFORM investigating the role of RBS and other UK banks in tar sands extraction.

Tar sands are among some of the world's dirtiest fuels to produce. Their extraction is having a hugely detrimental impact on the lives and human rights of indigenous communities in Canada. And their extraction produces on average three times the greenhouse gases of conventional oil, which means their contribution to climate injustice is particularly high. Climate change is already hitting the...

Anti-coal campaigners prepare to first foot the First Minister with 42% '2020' whisky and hundreds of postcards demanding no new coalpower stations.

Applying a fresh slant to the traditional first footing gifts,
anti-coal campaigners presented the First Minister with the
traditional bread and whisky but have replaced the lump of coal with a
box of postcards from Scots across the country urging the Government
to rule out new coal power stations in Scotland.

Research commissioned earlier in the year by WDM Scotland and Friends
of the Earth Scotland showed that homes can be heated and appliances
powered now and in the future without the need for dirty coal-fired
power stations, which are major contributers to greenhouse gas
emissions.

The research, 'The Power of Scotland Renewed', shows that Scotland can
meet up to 143% of predicted electricity demand with renewables alone
by 2020. Equally, in its world leading Climate Change Act, the
Scottish Government has committed to reducing greenhouse gas emissions
by 42% by 2020; a target which would be seriously jeopardised by new
coal-fired power stations.

Juliet Swann, Head of Campaigns at Friends of the Earth Scotland said:
"The highlight of the year for us was the...

So far the US and Europe has managed to find $3 trillion to bail out the banks, more than $1 trillion of which has gone to the UK banking sector. The financial crisis, caused by the banks themselves, has cased significant increases in poverty and inequality in both the developed and developing world.

This is why WDM is part of a coalition pushing for a financial transaction – ‘Robin Hood’ – tax  to de-incentivise risky trading practices and reduce volatility in markets. This is an excellent opportunity to turn the crisis of the bankers into something good for the world.

A Robin Hood tax could raise an estimated $600-700 billion a year which could be used for pay for socially useful projects in the UK and abroad. The tax should be levied on all bank trades, ranging from shares to foreign exchange and derivatives. The cash generated could be spend on a range of projects, including combating poverty at home and abroad as well as fighting climate change.

The tax would also prevent speculative bubbles arising, such as the one that caused the global food crisis in 2008 and led millions more people into hunger.
Whilst we campaign for an international tax, Europe and the UK do not have to wait for the rest of the...

Julian Oram, used to be Head of Policy and Campaigns

Here’s a puzzler: what is the UK’s biggest contributor to climate change? Did you answer coal? Good guess, but no. Transport? It’s a biggy for sure, but not the largest. Farming? A distant fourth.

Give up? OK, Britain’s number one contributor is… the banking industry! And top of the list within the sector is the taxpayers’ very own, and much unloved, Royal Bank of Scotland.

If this sounds improbable, consider this snippet from actuary consultant Nick Silver:

...Embedded emissions from project finance attributable to RBS was 44 M tonnes of CO2 in 2006, greater than Scotland’s national emissions. However, most of these projects were in collaboration with other lenders and the total annual emissions from these projects was 825 M tonnes of CO2, significantly more than the UK’s total direct emissions and 3% of global emissions. So, through its ownership of RBS, the government potentially has a larger influence on global carbon emissions than it does through all domestic activities.

I had to re-read this passage several times over, so staggering were its implications. Staggering due to the...

Last November's £25 billion cash injection deemed 'unlawful' by WDM and the Treasury's intervention in bankers' bonuses strengthens our case.

WDM, together with PLATFORM and People and Planet today served the Treasury with an application to the High Court, challenging last November's decision to provide a further £25 billion of public money to the Royal Bank of Scotland.

According to the Treasury's guidance, when determining if and how public money is spent, an assessment of the likely impact the proposed spending will have on human rights and the environment has to be completed before the money can be provided. We believe that no proper assessment was undertaken and that the Treasury has failed to adequately calculate the negative impact of allowing RBS to invest taxpayers' money into harmful projects.

Rosa Curling from our solicitors Leigh Day & Co Solicitors commented: “The assessment completed by the Treasury fails completely to comply with the mandatory requirements of its own guidance and its failure to apply a consistent policy by insisting on control over the payment of bonuses but not over the lending to climate change and human rights damaging projects is unlawful.”

Legal action last year

We also took the...

  • Last November's £25 billion cash injection deemed 'unlawful' by campaigners
  • Treasury's intervention in bankers' bonuses strengthens campaigners case

Three pressure groups today served the Treasury with their application to the High Court, challenging last November's decision to provide a further £25 billion of public money to the Royal Bank of Scotland.

According to the Treasury's guidance, when determining if and how public money is spent, an assessment of the likely impact the proposed spending will have on human rights and the environment has to be completed before the money can be provided. The World Development Movement, PLATFORM and People & Planet believe that no proper assessment was undertaken and that the Treasury have failed to adequately calculate the negative impact of allowing RBS to invest taxpayers' money into harmful projects.

The same groups took the Treasury to the High Court last year where one of reasons given by the Treasury for not ensuring public money invested in RBS is spent in a way consistent with its own commitments on human rights and climate change is that such a restriction would be harmful to the “financial stability” of the bank. The Treasury also argued that to use RBS’ need for capital as a mechanism...

Bankers resisting plans to cut bonuses and reform the sector at the World Economic Forum have inspired anti-poverty campaigners to renew demands for a financial transaction tax to reduce global inequality.

The World Development Movement, one of the organisations backing the tax, says the additional revenue could finance a ‘green new deal’ in rich nations while providing money for poorer countries to develop low carbon economies and cope with the impact of climate change. The tax would also increase financial stability and dampen the risks of sudden food and oil price rises by deterring reckless speculation on debt, equity and commodity markets.

Julian Oram, head of policy at the World Development Movement said:
"The financial sector has grown way too big for its boots, to the extent that the whole global economy is vulnerable to the fortunes of bankers gambling on the markets.

“It's absurd for bankers to be up in arms about regulation given the damage they’ve caused, but it's encouraging us to campaign harder. This is an industry that generates $50 trillion worth of transactions a year. Taxing just a tiny fraction of this would slow down the financial roulette wheel and generate billions of dollars in public revenue that could be of huge benefit to...

Kate Blagojevic, used to be Press Officer

The post-Copenhagen showdown has featured politicians, NGOs and commentators like George Monbiot and Mark Lynas slogging it out over whether to blame the US or China, for the lack of progress in Copenhagen. All reminiscent of our 2007 report; Blame it on China?

Yesterday it got a little more personal when Mark Lynas, in the New Statesman, suggested that it is wrong to call for climate justice. Mark accuses the World Development Movement of saying “anything calling into question the roles of developing countries must be a plot by the rich former colonial powers”. I have trawled our website and can't remember writing that. Perhaps he is referring to the fact that we were tough on Obama;...

At the end of last year our unprecedented legal action against the Treasury was rejected by the High Court and we have now lodged an appeal against the decision taken, requesting that the Court of Appeal overturn it.

The Treasury’s decision not to take steps to ensure public money, via the Royal Bank of Scotland, is not invested in companies and/or projects which are harmful to the environment and human rights is unlawful, immoral and undemocratic.

Our appeal concerns two legal points in particular. Firstly, whether the Treasury’s decision that RBS should only act in the “commercial interest” of the company is lawful? The Treasury has stated that it would be unlawful for it to require RBS to consider the impact of their potential investments on climate change and human rights. They also state to prevent RBS from investing in, for example fossil fuel companies, would be a “handicap” and a “burden” to it. Neither is correct.

Indeed, according to our lawyers, it is unlawful for directors of a company not to take the impact of their business on the environment and the community into account. (If you’re into the law in a big way, we’re talking about Section 172 of the Companies Act 2006.)

And the recent report we commissioned along with People and...

Tim Jones, used to be policy officer

From Copenhagen

Last night I had my first decent sleep since Sunday. Having been stuck in the Bella Centre for most of the week, yesterday was the first time I had been out in daylight since last Monday.

I am one of the lucky ones; when final negotiations were happening on Saturday morning, Ed Miliband probably hadn't slept since Wednesday night.

It was into this tiredness that President Obama cast his judgement on the fate of millions of people. Late on Friday, he announced to the world's media that a consensus deal had been struck. With reports of a 'meaningful' deal on the front pages of a major news website, the propoganda war had begun.

But it soon became apparent that the President had lied to the world. The 'deal' was between just four countries . The EU couldn't decide what it thought. Most developing countries were in complete confusion about what was happening.

I joined queues of people at photocopiers in the Bella Centre trying to get their hands on 'the deal'. I thought I was out of the loop, until I saw many country negotiators behind me trying to find out what had been agreed in their name.

Last week we...

The UK based, anti poverty campaigners, the World Development Movement branded the Copenhagen talks as a ‘shameful and monumental failure.’ 
 
Tim Jones, climate policy officer at the World Development Movement said:
 “This summit has been in complete disarray from start to finish, culminating in a shameful and monumental failure that has condemned millions of people around the world to untold suffering. The leaders of rich countries have refused to lead. They have been captured by business interests at a time when people need leaders to put justice first."

“Rich countries have failed the poorest people in the world and history will judge them harshly. They have failed to offer the emissions cuts that science and justice requires. To say that this ‘deal’ is in any way historic or meaningful is to completely misrepresent the fact that this ‘deal’ is meaningless."

President Obama has presented a ‘deal’ in the form of a Copenhagen Accord. However, it was drafted with participation from just a small number of countries, the majority of them rich. Several developing countries have refused to sign, and it has not been adopted as a UN agreement.

"Countries have been right to resist the signing of the Accord. It would be better to...

Yesterday afternoon the Guardian published a comment piece by WDM's policy officer Tim Jones and Nick Dearden from Jubilee Debt Campaign about what's going on in Copenhagen and the repression of activists outside who are demanding climate justice. A letter by a wider group of organisations including us was also published in the print newspaper today.

Copenhagen: the sound of silence

Denmark's reputation is being destroyed by police action outside the summit and the gagging of NGOs and poor nations inside
Nick Dearden and Tim Jones

The problem the Danish government faces gets bigger by the hour. Clearly the government is desperate for the UN climate summit in Copenhagen to be seen as a success, regardless of whether the deal done is capable of slowing down climate change in a just way. But it is faced with an ever-swelling army of critics who believe this issue is too important for a stitched-up compromise, negotiated late at night between corporate lobbyists and rich-country governments in conference hotel rooms.

Read the full article on the Guardian's Comment is Free

 

Letter: Protest curtailed in Copenhagen

...

In Copenhagen on Wednesday thousands of protestors marched to the Bella Centre where the climate change negotiations are taking place. At the same time, hundreds of delegates walked out to meet them to create a 'People's Assembly' to discuss positive solutions to climate change. The protestors were met with violence from the Danish police.

World Development Movement policy officer Tim Jones commented from within the Bella Centre:

“Today thousands of people sought to create a people’s assembly to get voices heard offering real solutions to the climate crisis. The people’s assembly was stopped by police who committed unprovoked violence on both protestors and official delegates to the UN negotiations. This is a moment in history where the right to protest is of vital importance. The threat that we are facing from climate change is overwhelming.”
 
At the same time as the protests, the Danish government was seeking to push an unjust and ineffective agreement on developing countries, outside of the transparent process. The reintroduction of a so-called ‘Danish text’ would override all the official negotiations, kill the Kyoto protocol and release rich countries from their...

Just back from Copenhagen

As you walk out of the Bella Centre in Copenhagen, where the main talks are taking place, you’ll find yourself accosted by an absurd small group of protestors accusing the British government of genocide for believing in climate change, and pushing a political agreement on the rest of the world. I didn’t take their leaflet, as doing so would be giving them a level of legitimacy they certainly don’t deserve. No climate denier does, but this one was extreme.

But its not the extremists I’m worried about – it’s the leaders of countries, like ours, that are failing to take bold action that really will make a difference. Safely back home, and warmly wrapped in a duvet this morning against the bitter outside cold, I listened to the Bolivian representative on Radio 4’s Today Programme, Angélica Navarro, remind us of the urgency of the situation. While the developed world waxes and wanes over a two degree warming target (still considered overly ambitious by the richest countries) she stated that two degrees in the global north, is really four degrees in Africa and Latin America. Melting glaciers in Bolivia are already impacting people’s very means of survival. And to make matters worse, taking measures to limit us to two degrees still only...


On Monday, WDM joined climate debt campaigners from across the world to call for the rich world to repay its climate debt. People from Nepal, Indonesia, Brazil, the Philippines, Argentina, Ecuador and Nigeria gathered outside the Bella Centre, where the UN talks are being hosted. WDM South-west London and South Lakes also joined in.

The debt must be repaid in a way that doesn’t reinforce existing inequality, or go through undemocratic organisations like the World Bank. Climate debt is not only about reparations for the damage already done, but also about massive cuts in emissions, and sharing solutions instead of creating new markets of out the atmosphere. As one person said “The World Bank have already done too much wrong to the south, how can we trust them?”

Climate debt protest
 

The energy was amazing, “Pay up pay up pay up, pay up the climate debt” the crowd chanted, louder and louder, as the snow fell around Jubilee South’s giant masks that were representing the EU and the US, surrounded by a multitude of flags...

Kate Blagojevic, used to be press officer, writes from Copenhagen

There is outrage in Copenhagen over a lot of different issues that include tar sands; climate finance; the World Bank; coal; nuclear; carbon trading and the very imminent plight of the small island states. There are of course a lot of sensitivities, politics and high feeling amongst the thousands of people from all over the world who have recently descended on this small city for an intense two weeks of negotiations.

The Danish organisers have committed several faux pas already of course, with the leaked draft text that caused uproar and upset. But it appears that even in an attempt to decorate this vast, maze like conference centre, more international anger has been sparked.
 
On the giant inflatable globe in the middle of the centre, the small island states of the Cook Islands and Pacific Islands are nowhere to be seen. To be clear this is not a futuristic scenario that the globe is supposed to be highlighting. More embarrassingly, it appears that they have been forgotten. In an international meeting, to forget to include these islands which are imminently threatened by sea level rises is causing a diplomatic problem that will not be easily solved.
 
Delegates and civil...

Vicki Lesley, WDM south-west London group, writes from Copenhagen

After an enjoyably civilised rail journey – including an overnight stopover in Cologne, and the unusual experience of the train actually driving on to the ferry for the short sea crossing – we arrived safely in Copenhagen on Friday evening. Despite the chill in the air – Copenhagen in December is definitely as cold as you’d expect! - it was a great feeling to finally be here, in spitting distance of the negotiations, after all those months of vigorous campaigning and anticipation back home.

WDMers in Copenhagen

Whilst hopes of a sufficiently robust and legally-binding agreement now seem somewhat forlorn, there is still everything to play for and as a climate change campaigner, there is simply nowhere else to be this week. WDM is certainly well represented here – along with the Southwest London group, there are also members from North London, Oxford, Bexhill and the South Lakes groups, as well of course as Tim, Kirsty, Kate and Deborah from the office. I’m proud to be here with so many other like-minded campaigners, many of whom I’ve met for the first time in Copenhagen.

Saturday morning dawned...

We set off early from Lille, where we had been hosted by members of the Confederation Paysanne. We have had an incredibly warm welcome in all the places we’ve stayed, and Lille was no exception. Everyone from the caravan was put up by someone from the Confederation in their home, and we left early on Sunday morning well fed and well rested.

This was just as well, because from Lille we travelled to Brussels where we were being hosted by the Corporate Europe Observatory, an organisation campaigning against corporate lobbying and influence within EU policy. They had an action packed agenda ready for us, and we soon set of for an activist’s tour of Brussels...


Our first stop was the European Commission. The Commission is heavily influenced by corporate lobbyists who have been successful in pushing through aggressive trade agreements and flawed climate policies which favour high carbon industry, intensify the exploitation of natural resources and discriminate against developing countries. The EU’s climate policy is mainly based on carbon trading and other false solutions that benefit big business without tackling climate change.
 

We were joined there by...

Tim Jones

In Trinidad on Friday Gordon Brown got some headline coverage for his latest announcement of billions of dollars for developing countries to tackle climate change.

The prime minister became as expert as a derivatives trader in repackaging, reselling and reannouncing money when he was chancellor. Unfortunately the latest ‘news’ was no exception.

Mr Brown said rich countries should be creating a ‘Copenhagen launch fund’ worth $10 billion (£6 billion) to help developing countries adapt to climate change and develop in a low carbon way from 2010 to 2012. Let’s not get hung up on that amount as he wasn’t actually saying the UK would write a cheque.

What Gordon Brown did say was that “the UK Government would contribute £800 million in total over three years, which has already been budgeted for”. In fact it was budgeted for in the budget in 2007. The prime minister should know; he was chancellor at the time.

The same £800 million has been reannounced so many times since it’s enough to make you dizzy.

The money cannot go into a ‘Copenhagen launch fund’, because all of it has already been pledged to the World Bank. Some cheques have already been sent, and the final ones are due in April.

The use of the World Bank for climate...

A year ago, the British public became the majority shareholder in the Royal Bank of Scotland and to make this inauspicious anniversary, this weekend 40 leading figures including environmental and anti poverty campaigners, faith groups, trade unions, academia, MPs and the author Iain Banks have written to Alistair Darling to call on him to transform RBS into a Royal Bank of Sustainability.

The group have asked the Treasury to ensure that it and other publicly-backed banks help pay for Britain's transition from a high-carbon economy with rising unemployment to a low carbon-society that provides millions of green jobs and better public services.

In the strongly worded letter, the group accused the Treasury of failing to stop taxpayers' money being used by RBS to finance climate change and human rights abuses that spans the globe from Wales to India to the Democratic Republic of Congo.

The World Development Movement, People & Planet and PLATFORM have commissioned a report that sets out the business case for transforming the bank into the Royal Bank of Sustainability. The report argues that UKFI, the company set up to manage the government's shares in the bailed-out banks, should take an 'active...

Welcome to the December issue of Think Global.  This month we give you updates on our campaign plans for 2010; alongside the latest developments on new coal, more on our climate debt campaign, and information about what's going on in the world of European trade. 

Over the next month, WDM staff will be travelling both to Geneva to stand in solidarity with those protesting against the WTO, and to Copenhagen to demand a just deal for the world's poorest people at the crucial climate talks.  Keep an eye on our website for up to the minute blogs from both these conventions. 

 

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We've had a twitter equivalent of STOP PRESS - apparently Ed Miliband definitely doesn't think it's serious to say 'UK's credibility at Copehnahgen will be shattered by his new coal plant plans. 

Ed Miliband is of course at pains to say that we have the world's most environmentally stringent policy, so of course our credibility at Copenhagen will remain intact, pretty much what ever we do. But we, and many others, disagree strongly with that. We have got climate legislation, yes, but unfortunately within the Climate Act, there are loopholes the size of several coal power stations. And that's where our credibility will fall.

The government’s own committee on climate change has said: “there can be no role for conventional coal generation in the UK beyond the early 2020s”. But Ed Miliband’s statement yesterday allows hundreds of megawatts of new conventional coal to be built, and does nothing to ensure old conventional coal plants shut down in the early 2020s.

In our view, and the view of campaigners across the globe, it's just not serious enough to say we've got a tough climate law but we're...

Tim Jones

It's easy to deride twitter as superficial nonsense; yet its reach is staggering and important. WDM uses twitter to alert people to our latest reports, actions and titbits of gossip. But for anyone who saw the last episode of 'The thick of it', you will have seen that what starts in a tweeting tea cup can become much more.

Ed Miliband engaged on twitter

We were pleased to see that the good people of One Climate had retweeted our email to Ed Miliband. The email expresses our disappointment that yesterday he missed the opportunity to rule out new coal and is urging him not to allow unproven carbon capture technology be used as a fig leaf to let in new coal power stations.

Our interested sharpened when we saw that Mr. Miliband himself (or DECC's Head of Twitter) has tweeted and responded saying that the reason he hadn't responded to our emails is because:

We set out most environmentally stringent coal policy of any country in world yesterday. Value serious...

In response to Ed Miliband's energy statement to parliament today, the World Development Movement reacted with disappointment and argued that the UK's credibility at Copenhagen has been 'shattered'.

Deborah Doane, director of the World Development Movement said:
"Ed Miliband today has shattered the UK's credibility at the Copenhagen summit by going ahead with disastrous plans for new coal. His decision to allow two new dirty coal power stations to be built will see increasing emissions long into the future. He has acknowledged that carbon capture technology may not work, but nonetheless hasn't introduced a safety net to protect the climate if this unproven technology fails.

"Furthermore, he's done nothing to shut down old coal plants which can continue to pollute for decades to come. This policy flies in the face of recommendations from the government's own climate advisors.

"This will continue to increase our climate debt to the world's poorest people. And in turn, this will lock in greater inequality and injustice faced by people, like those in the Philippines or El Salvador who are currently suffering from climate-change related weather disasters, such as flooding and typhoons."

The UK government comes under fire today in a new report which reveals that the current climate finance proposals, likely to dominate the weekend’s G20 talks, are likely to increase third world debt, and will be 'grossly inadequate' to tackle the scale of the problem.

The report by anti-poverty groups the World Development Movement and Jubilee Debt Campaign calculates that the UK alone owes a 'climate debt' to developing countries of over £17 billion each year for its contribution to climate change – an amount that is significantly more than that pledged so far.

They issued a stark warning that the issue of climate debt will be a 'Copenhagen deal-breaker' for developing countries, and the hope of getting a fair deal hangs in the balance.

The report, 'The Climate Debt Crisis', heavily criticises the UK's current policy of channelling its 'climate aid' through the World Bank, and of promoting the World Bank as the main hub of climate finance. It condemns the World Bank for distributing climate finance as loans, not aid, and for allowing finance to be used for new coal power stations, not low carbon energy investment. The campaigners are...

This December 7-18 negotiations will take place in Copenhagen in an attempt to reach an international agreement to tackle climate change.

Copenhagen Climate Summit logo

The World Development Movement, along with social movements and governments from the global south, has been calling for the UK and the rest of the rich world to repay its ‘climate debt’ at Copenhagen – the money the rich world owes to the world’s poorest people for causing climate change.

The World Development Movement will be in Copenhagen for the duration of the summit keeping an eye on the negotiations and taking part in events outside the conference centre. We’ll be blogging on this website to keep you updated.

On the 5th December we’ll also be at The Wave in London and Glasgow where tens of thousands of people will demonstrate their support for a safe climate future for all.

Repaying our climate debt at Copenhagen

The UK has grown rich on the back of burning fossil fuels, which has driven us to the point of climate catastrophe. The global south should not have to pay the price of a crisis it didn’t create.

However, rather than...

WDM has also run one-off campaigns on individual transnational companies (TNCs) in support of communities or workers in poor countries. Companies included Disney, Nestlé, Rio-Tinto, Shell and P&O.

Disney sweatshop demo

Mining - Rio Tinto (formerly RTZ) 1996 - 1999

Background

The Grasberg opencast mine lies in the forested hills of West Papua and exploits gold and copper deposits that are amongst the largest in the world.  The mine is operated by an Indonesian subsidiary of the US company Freeport McMoran, in which Rio Tinto has a significant share.  The company has transformed the rainforest into a vast complex of mines, roads, towns and the world's longest tramway.  But local people have not benefited.  Instead, they have seen their hunting ground taken over, their rivers polluted and their sacred mountain ravaged.  They were neither consulted nor given adequate compensation.  Hundreds of people were displaced by the first mine site and have been resettled in a crowded and unhealthy township. 

Campaign

Since March 1996, WDM, together with Partizans, TAPOL and Survival, has...

WDM campaigned on the rights of workers in toy factories between 1995 and 1996 and in 1998.

Background

Three out of every four toys bought in the UK have been made in Asia.  China alone produces over a third of the world’s toys.  Much of this work is subcontracted by the big toy companies to Asian factories.  Research undertaken in China by the Hong Kong Coalition for the Charter on the Safe Production of Toys revealed that workers are not being adequately protected and their health and safety continue to be undermined by long hours, low pay and at times perilous working conditions.

Campaign

Following major fires and deaths in toy factories in Thailand and China, WDM representatives visited Thailand to see factories and meet workers.  This led to the launch of a UK campaign in partnership with Asia Monitor Resource Centre in Hong Kong, Catholic Institute for International Relations (CIIR) and the TUC, to press for a code of conduct on the production of toys.

In January 1996, the British Toy and Hobbies Association (BTHA) agreed their own health and safety code.  This closely matched the code promoted by WDM and the Asian campaigners, except there was no recognition of trade union negotiating rights...

WDM campaigned on the Multilateral Agreement on Investment (MAI) between 1998 and 1999.

Business men

Background

Governments of the Organisation for Economic Cooperation and Development (OECD), a club of 29 rich countries, started negotiations on the Multilateral Agreement on Investment (MAI) in May 1995. The MAI was to have been the world’s first investment treaty. It would have introduced new rights for foreign investors to invest wherever they saw opportunities, while restricting the powers of governments to prohibit access, attach conditions on investors or regulate in the public interest.

The MAI would have prevented developing country governments from adopting policies used by all OECD countries and the emerging economies during their development, such as South Korea’s requirements for foreign investors to form joint ventures, license technology and use local suppliers.

Campaign

Details of the MAI became publicly known in February 1997 when a draft of the text was leaked and posted on the Internet. WDM played a leading role in the campaign, undertaking research on the likely impact of the MAI on developing countries,...

A High Court judge today blocked a request for permission to hold a Judicial Review over what campaigners say is the Treasury’s lack of adequate environmental and human rights consideration of Royal Bank of Scotland’s investments.

Campaigners from the World Development Movement, PLATFORM and People & Planet, who brought the case against the Treasury expressed ‘disappointment’ at the ruling and have decided to appeal this decision.

Deborah Doane, the director of the World Development Movement said,

“We're incredibly disappointed with the court's decision not to allow to a full hearing on this important case and will be appealing the judgement. Essentially, the judgement means that RBS' profits come before the climate and human rights of people.This is particularly hard to swallow after Gordon Brown's soaring rhetoric on climate change yesterday. We're incredibly angry to see that just one day later the Treasury outrageously argued that for a director of business to take environmental concerns into account would be a 'burden' and 'handicapping'. Yet, this is precisely the kind of positive action that the government should be promotoing, if we are to believe one word of Gordon Brown's speech yesterday.

The lawyers acting on behalf of the groups...

Today, an unprecedented legal battle will take place in the High Court over the Treasury's failure to stop the publicly owned Royal Bank of Scotland (RBS) investing in what campaigners describe as 'some of the most environmentally damaging and socially irresponsible projects and companies around.'

The case is being brought by three small climate and social justice campaigning groups: PLATFORM, People & Planet and the World Development Movement, which has led some commentators to bill it as a 'ground breaking, David and Goliath case'.

Today's oral hearing will determine whether their claim can proceed to a full substantive hearing, likely to take place early next year. The Treasury has hired one of its top barristers, James Eadie QC, to handle the case but the campaigners are optimistic that they will be successfu Deborah Doane, director of the World Development Movement said:

"This is a classic David and Goliath battle. But we believe we have a strong case. The Treasury's decision to allow RBS to continue to invest in companies that exacerbate climate change and are linked to human rights abuses is unlawful, immoral and undemocratic. Hopefully, this case will be a pivotal point in ending RBS' destructive lending habits that go against the interests of UK...

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