Can public pressure encourage banks to help #SaveOurHeritage?; WWF

Canada – Canadian Rocky Mountain Parks

A WWF poll shows that 7 in 10 of us would consider switching banks to one that doesn’t fund damaging activity in UNESCO World Heritage sites – supporting our call for all banks to develop or improve their existing World Heritage policies.

The poll comes as Barclays today confirmed their first public policy committing the bank to stop financing potentially environmentally damaging projects in World Heritage sites – becoming the first major UK bank to respond to our call made last year. While their new policy can be tightened further, it’s an encouraging step in our campaign to #SaveOurHeritage.

Despite their protected status, almost half of all natural and mixed World Heritage sites are threatened by harmful industrial practices such as oil and gas exploration and mining. As lenders of capital, banks have a crucial role in protecting these sites, by making sure they are not financing the companies responsible.

We’ve been calling on all banks to make sure they have robust World Heritage policies in place, releasing a report last year, How Banks Can Safeguard Our World Heritage.

Read more from source: Can public pressure encourage banks to help #SaveOurHeritage? | WWF

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s