Seven Extinction Rebellion (XR) activists were evicted from National Australia Bank (NAB) on August 16, after unveiling placards showing the bank’s record of investment in fossil fuels.
The action was one of more than 20 XR protests outside NAB.
XR activist Susan Melloy said: “NAB claims to support action on climate change yet over the last five years it has invested over $7 billion in fossil fuels.
“It’s time for NAB to walk the talk on climate by ruling out fossil fuel funding as part of its forthcoming Oil and Gas Review.”
Melloy said the grim findings of the Intergovernmental Panel on Climate Change (IPCC) report, approved by 195 member governments, confirms that climate change is “widespread, rapid and intensifying”.
“This year we have seen the catastrophic impact of the wildfires in California, Greece and Turkey, the floods in Germany and China and the unprecedented heat waves in Canada and Siberia.
“The IPCC report confirms these changes are attributable to human caused greenhouse emissions. There is no longer time to delay or hide behind empty promises.”
XR is targeting NAB over its fossil fuel lending in the lead up to the bank’s Oil and Gas Policy announcement, expected in September.