Urgewald's director Heffa Schuecking making an interview
Urgewald in English
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UK Banks: Move out of Fossils!

Leading UK banks are among Europe's biggest investors in fossil fuel companies. We are exposing them for the Climate Gangsters that they are. Read what you can do to pressure HSBC, Barclays & Standard Chartered to move out of fossils!

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Press Release

RWE’s Major Shareholder Amundi Calls on Management to Exit Coal More Quickly

On the day of RWE‘s annual general meeting, Amundi, the utility’s 7th biggest investor and one of the world’s biggest asset managers, has criticised the company‘s coal phase-out strategy as "at odds" with the 1.5°C Target of the Paris Climate Agreement. This criticism is part of a letter seen by Urgewald and its partner NGO Reclaim Finance that is addressed to RWE’s CEO Rolf Martin Schmitz and his designated successor and CFO Markus Krebber.

Who We Are & What We Do

Urgewald is a non-profit environmental and human rights organization. It is based in Sassenberg, a small town in western Germany, and it also runs an office in Berlin. For 25 years, Urgewald has been fighting against environmental destruction and for the rights of people harmed by corporate profit interests. During these 25 years, Urgewald has evolved from a small group of people to a powerful organization. 

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Press Releases

On our overview page you can find all latest media information on Urgewald's research and campaigns in English.

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U.S. Donations to Urgewald

Urgewald is equivalent to a U.S. public charity. We have completed an Equivalency Determination process with NGOsource. NGOsource certifies EDs for U.S. grantmakers, so the grantmaker can meet their tax compliance requirements and give to our NGO with fewer restrictions. Download our recent certificate.

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The depth of analysis conducted by Heffa Schuecking and her team is superb.

Tom Sanzillo, Director of Finance, IEEFA institute
Huge Campaign Success

Norway to Divest €5 Billion from Coal Giants like Glencore and RWE

On June 12, 2019, the Norwegian Parliament has voted in favor of the government’s proposal to tighten the coal exclusion criteria of Norway’s Government Pension Fund Global (GPFG), Europe’s largest sovereign wealth fund. The decision followed a longstanding campaign by Urgewald an Norwegian partners. According to research by Urgewald and Framtiden i våre hender (FIVH), this affects 8 coal companies that will be divested. The NGOs estimate the volume of the new divestment action to total €5.1 billion. The Pension Fund has now adopted 2 of the 3 coal exclusion criteria Urgewald put forward in 2015.

World Bank Undermines Paris Climate Treaty!

Kind am Wasserbrunnen vor dem Kohlekraftwerk Kusile, Südafrika

The World Bank has repeatedly and fully pointed out that it will adopt the Paris goals and contribute to reducing greenhouse gases. But, the analyses of Urgewald's Senior Adviser Heike Mainhardt shows a different picture: In the last five financial years, World Bank financing for fossil energies has been more than twice as high (12 billion US dollars) as for renewable energies (5 billion US dollars, excluding large hydropower).

How We Expose Climate's Worst Enemies & Change the Finance Industry

We all know the coal industry is the number one driver of climate change, damages peoples’ health and destroys the environment. But do we really know which companies belong to the industry? And more importantly, do banks and investors know? From our portfolio analyses and in-depth discussions with many major banks and insurers, we have reached the conclusion that financial institutions systematically underestimate their holdings in the coal industry. To address this blind spot, we have developed a unique divestment tool: The Global Coal Exit List (GCEL). 

How We Work for Better Multilateral Development Banks

The purpose of international development banks is to eliminate or reduce poverty, while protecting the environment. However, this is precisely where they often fail. What is wrong with them? How can NGOs like Urgewald change the way they are allocating their funds? A look behind the scenes of development finance, disastrous projects and the fight of NGOs for stronger standards.

Kontakt

    Bild Anprechpartner   Jacey Bingler

    Jacey Bingler
    Medienreferentin & Netzwerk-Koordinatorin der Fossil Free Finance Campaign
    jacey [at] urgewald.org
    030/28 48 22-71

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