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‘Coal with your coffee?'

This morning, staff from aptly named investment management company ‘BlackRock’ arrived at their swanky London offices to be greeted by waiters holding silver trays, laden with what looked like luxury chocolates. As people approached to take our Carbon Rocher, they were disappointed to find they were actually being offered lumps of coal.

  

Our aim in handing out coal in the City of London was to make the point that the wealth generated by London-based companies through investments in new coal power stations brings devastation to communities around the world. 

We organised this morning’s demonstration outside BlackRock to coincide with a march of a thousand people to the Johannesburg offices of London-listed Anglo American, organised by South African social movement Earthlife. The march marked the beginning of what’s likely to be a string of protests around a proposed new power station in Limpopo Province. South Africa. The proposed site for this power station is just kilometres away from a number of communities, including one large town, Lephalale. 

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Bangladesh civil society protests World Bank control of climate finance

Last week EquityBD, one of WDM's global allies working on economic justice, human rights and environmental issues in Bangladesh, sent us a report. The report told us that on Thursday 15 November, civil society groups and climate networks in Bangladesh joined together to protest the World Bank’s recent announcement that it would retain control of the Bangladesh Climate Change Resilience Fund (BCCRF).

This fund was established to support Bangladesh’s climate change adaption plan. The Bangladesh government originally stated that it would own the fund, and that the World Bank would manage it for three years while handing over management to the government. The recent announcement that the World bank will retain control of the BCCRF has caused a public outcry in Bangladesh.

Equitybd, NGOs and civil society groups form a human chain in protest against World Bank control of climate finance in Bangladesh

Protestors formed a human chain around the national press club in Dhaka, demanding that both the BCCRF and Bangladesh Climate Change Trust Fund (BCCTF) come under an autonomous board. The...



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