Clean up the banks | World Development Movement

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Clean up the banks

My heart is fully behind what the World Development Movement are working towards. Please continue to be uncompromising in the fight for equality.

WDM supporter from Lancashire.

Support our appeal to clean up the banks

Donate to WDM now via Justgiving

The Royal Bank of Scotland (RBS) is currently 70% owned by the British public. As taxpayers we have the right to demand that our money isn’t used by RBS to invest in projects linked to human rights abuses and dirty energy projects around the world.

Just six months after their bail out, RBS has supported a staggering £10 billion in loans to coal, oil and gas companies which are linked to human rights abuse and climate change. We believe the government has acted unlawfully by going against its own guidelines on the use of public funds.

On October 20th 2009, the World Development Movement, People and Planet and Platform took the issue to court by launching a judicial review against the Treasury. But our case was denied and the Treasury has refused to intervene in RBS’ unethical investment practices.

We are appealing the decision to refuse the case permission, and will also be pressing for political action to clean up banks’ investments.

Now we urgently need to raise £10,000 to continue this campaign for a just and sustainable financial system.

With your help, we can continue to press for a full hearing in the courts over our claim that the Treasury has acted unlawfully. Plus, we can continue researching greener and more equitable investment alternatives as well as lobbying decision makers for an overhaul of RBS.

Just imagine the impact a ‘Royal Bank of Sustainability’ could have in financing cleaner, more ethical projects around the world.

Our landmark legal action has exposed the dirty investments which public money is supporting. We are now campaigning to ensure that public money is not invested in projects which destroy the climate or support human rights violations.

Take action today and help us continue our campaign

Here’s how your donation can make a difference:

£15 could go towards researching, producing and distributing a report setting out the actions required to ensure that RBS doesn’t continue its damaging investments and goes beyond its current investment model.

£30 could help us pay for awareness-raising activities to create public debate on the issue and gain attention within Westminster.

£150 could help us print briefing sheets to enable activists to stir up opposition to the government’s laissez-faire approach to UK bank investments.

£1,000 could help pay for costs associated with WDM’s appeal claim for a full judicial review of the Treasury’s inaction over RBS

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