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Flemish celebrities walk on hot coals |
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Flemish celebrities such as de Neveneffecten, Joke Devynck, Nic Balthazar en Gili supported Netwerk's campaign for durable banking Bankruptcy in a daring way. Amidst the banks at the Kouter in Ghent they walked for several meters on a carpet of red-hot coals. Take a look at the movie! |
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Stop investments in coal fired power plants |
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Banks active in Belgium finance coal plants with our savings and investment money. These are the results of new research by Netwerk Vlaanderen, presented in the report Bankers on hot coals. Coal is a disaster for the climate. The new campaign Bankroet ('Bankruptcy') wants to end investments in coal fired power plants. You can support the campaign by signing the petition.
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Bankruptcy threatens banks operating in Belgium |
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In the past two years BNP Paribas, KBC, Dexia, Citibank, Deutsche Bank, ING and AXA have invested at least 25 billion euro in climate-threatening activities including new coal plants, oil extracted from tar sands, or the decimation of rain forests. Those are the conclusions from the report “Bankers on Hot Coals”, which Netwerk Vlaanderen is presenting today. The NGO calls on the banks to cease investing in new coal plants immediately en therefore launches the petition Bankroet (Bankruptcy) in cooperation with Greenpeace, WWF, Friends of the Earth, BBL and KWB. |
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Top financial institutions invest over US$43 billion in producers of cluster bombs |
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Almost a year and a half after the historic signing of the Convention on Cluster Munitions (CCM) in Oslo in December 2008, 146 financial institutions from 15 countries around the world still provide over US$ 43 billion worth of investments and financial services to seven producers of cluster bombs. These are the updated findings of the most comprehensive report to date on global financial investments in these banned weapons, ‘Worldwide investments in cluster munitions; A shared responsibility’, released today in Geneva. Campaigners around the world are now calling on regulators and financial institutions to disinvest from producers of these banned weapons.
See the Key Findings.pdf |
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