"NY eco activists turn up heat on Citi over polluting investments", 11 August 2024

"Enraged by Citi's bankrolling of polluting businesses, activists have unleashed a "summer of heat" campaign that includes protests and leafleting, coupled with an online pressure campaign.

Every week, dozens of protesters gather at Citigroup's gleaming headquarters in Lower Manhattan to demand it change its fossil fuel investments policy, following in the footsteps of European campaigners who did the same with Eurozone banking giants.

Nearly 600 people have been arrested at the New York protests and sit-ins so far...

In 2023, the world's 60 largest banks committed $750 billion to fossil fuels, according to a report by NGOs Rainforest Action Network, Reclaim Finance and others.

US finance giants JP Morgan Chase, Citi and Bank of America lead the pack.

"Citi is the second worst funder of dirty energy projects in the world from 2016 to 2023, spending a total of $396.3 billion on coal, oil and gas," the report claims..."