Blog

On September 22, 2022, Women’s Earth & Climate Action Network (WECAN), a Channel grantee partner, released the second edition of their report, The Gendered and Racial Impacts of the Fossil Fuel Industry in North America and Complicit Financial Institutions. The report explicitly exposes the role financial institutions, such as Vanguard, BlackRock, Capital Group, JPMorgan Chase, Royal Bank of Canada, Bank of America, and Liberty Mutual, play in exasperating gender and racial inequalities and financing fossil fuel projects. The report highlights the intersections of gender and race with the fossil fuel industry to call for immediate divestment from fossil fuels to protect communities and the global climate.