Deutsche Bank: Climate Commitment in Contrast to Recent Fossil Deals

Media Event
Frankfurt | May 13, 2020

Invitation to Digital Press Conference on May 18th

Two days before the leading German private bank Deutsche Bank holds its
annual general meeting, Urgewald, together with experts from Guyana and Japan, will shed light on recent fossil financing projects of the bank that contradict its commitment to the Paris Climate Accord.

Latest research by Urgewald reveals how the bank is still supporting the oil multinational Exxon Mobil with loans, underwriting services and investments. Exxon is currently leading one of the biggest drilling projects of our time off the coast of Guyana. The operation will have dramatic consequences for the country, the entire Caribbean and the global climate.

Deutsche Bank also supports other companies that expand their fossil activities, like Japanese utilities and trading houses with coal expansion projects in South East Asia. This undermines the urgent need for a rapid decline in CO2 emissions.

Date:                       

Monday, May 18th, 11 am CEST (German time)

Registration:

https://us02web.zoom.us/meeting/register/tZcufuGoqj0sGtaZ8dxWhPXb59e2wwDC48QO

Speakers:

  • Melinda Janki, Lawyer, A Fair Deal for Guyana, Guyana
  • Kimiko Hirata, International Director, Kiko Network, Japan
  • Regine Richter, Energy Campaigner, Urgewald, Germany

Note:

Following the digital press conference, we will send out a press release with background information on the topic.

Kontakt

    Bild Anprechpartner   Stefanie Jellestad

    Stefanie Jellestad
    Pressesprecherin
    stefanie.jellestad [at] urgewald.org
    +49 (0)30 863 29 22-60

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