Our Goal, Theory of Change and How We Work
The corporations driving the climate crisis ― the fossil fuel industry and the companies deforesting tropical forests like the Amazon, destroying the Earth’s biodiversity, committing numerous human rights abuses, and displacing millions of people ― depend on the support of the financial sector.
Fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in fossil fuel financing in 2021 alone. (RAN, Banking on Climate Chaos Report)
Big asset managers are the world’s largest investors in the fossil fuel industry. Insurance companies provide essential insurance to new fossil fuel projects without which they could not be built. Pension funds and university endowments invest billions of dollars in companies that are wrecking our climate and violating human rights around the globe.
Stop the Money Pipeline exists to change this.
Our Theory of Change
We’re Stronger Together
We are more powerful when we are united. Our network brings together NGOs, grassroots organizations and frontline leaders that are working to hold the financial sector accountable for its role in driving climate chaos and environmental racism.
We are only as powerful as the movement we are a part of. Our network is focused on building a mass movement of everyday people to hold the financial sector accountable.
Politicians have a key role to play. Our network pushes, pressures and supports politicians and regulators to take bold action to stop the financial sector from funding and profiting from the climate crisis.
We strive to be a diverse and inclusive network. As a network, we recognize the different lived experiences that we each hold ― and we stand united in our calls for justice.
We show up for Black lives. We support the fight for tribal sovereignty and the rights of Indigenous peoples to Free, Prior and Informed Consent. We support the communities of color and low income communities most impacted by the climate crisis. We stand with the everyday people who have been survivors of economic injustice and Wall Street’s predatory business practices.
How We Work
We apply direct pressure on our finance industry targets. We organize letters, petitions, actions, protests, and more that push our targets to stop funding climate destruction.
We train, resource and support mass numbers of people to take action.
We take bold nonviolent direct action to hold those responsible accountable.
We are decentralized. We support people in taking autonomous action in their communities.
We support people and institutions in removing their money from corporations wrecking our planet ― and investing it in companies that are not profiting from climate destruction.
We support investment in climate solutions. We are fighting for a financial system that prioritizes people and planet above profits, and that seeks to atone for historic harms by investing in the Indigenous, Black, people of color, and frontline communities most impacted by environmental and economic injustice.
We do the research. We name the companies responsible. We quantify their impact.
We name the decision makers ― whether corporate CEOs, pension fund board members or policymakers who deregulate the industry. We hold them accountable.
We tell the story. We make sure that millions of people know the truth about the financial sector’s role in the climate crisis.
We support the frontlines. We support the work of people living on the frontlines of the fossil fuel industry, deforestation and climate impacts.
We support campaigns for racial and social justice that are led by Black, Indigenous and People of Color-led organizations.
We invest in the next generation. We support, resource and partner with youth leaders in the climate movement.
We work with politicians and regulators who are aligned with climate justice, and who are willing to fight to stop the financial sector from funding the climate crisis and environmental racism.
Stop the Money Pipeline is a network of over 200 organizations and tens of thousands of everyday people who are working to hold the financial sector accountable for its role in the climate crisis. Read more about the coalition.