Topline
Seven activists from London-based local weather motion Extinction Revolt had been arrested Wednesday morning after utilizing hammers to interrupt home windows at Barclays’ London headquarters, one of many U.Okay.’s largest banks, as a part of the group’s ongoing “Cash Revolt” marketing campaign to focus on the position the monetary sector performs in fueling the local weather disaster.
Key Details
Activists from the Extinction Revolt group used hammers and chisels to interrupt home windows at Barclays Financial institution’s world headquarters in London Wednesday to protest the financial institution’s “continued investments in actions which might be straight contributing to the local weather and ecological emergency.”
The seven ladies wore patches saying “Higher Damaged Home windows Than Damaged Guarantees” and wore colours of the suffrage motion to focus on the “disproportionate impression” the local weather emergency is more likely to have on ladies world wide, the group stated in a weblog put up.
The group additionally positioned stickers on the constructing, which learn: “In Case of Local weather Emergency Break Glass.”
The motion, which follows protests on the Financial institution of England and excessive avenue banks final week, is part of the group’s “Cash Revolt” marketing campaign to focus on the roles capitalism and the monetary sector play in fueling the local weather emergency.
Forbes has reached out to Barclays for remark.
Key Background
Extinction Revolt is without doubt one of the extra energetic arms of the worldwide local weather motion and its extremely disruptive, although non-violent, means have confirmed divisive. Protestors shut down dozens of cities world wide in 2019 to underscore the urgency of the local weather disaster, together with masking Wall Road’s “Charging Bull” in blood, blocking certainly one of London’s busiest streets with a big pink boat, and blocking a serious roundabout in Berlin.
Massive Quantity
$3.8 trillion. That is how a lot the world’s largest banks have pumped into fossil-fuel-related industries because the 2016 Paris settlement, a report by an alliance of NGOs revealed in March. Quite than lowering investments, many truly elevated them, regardless of many having internet zero objectives. Barclays is without doubt one of the largest fossil gas backers, placing some $144.9 billion into tar sands, fracking, and coal energy, in response to the report.
Additional Studying
Local weather protests harm Barclays London HQ, seven arrested (Reuters)
Financial institution of England focused by Extinction Revolt in ‘faux oil’ spray protest (Sky)
BREAKING: ‘Higher damaged home windows than damaged guarantees’ – Extinction Revolt ladies break home windows at Barclays HQ in Canary Wharf (XR)