Citibank

Citibank Is Bankrolling The Largest Offshore Oil Facility In The US

October 3, 2024 Sue Page, In These Times. Resist! Citibank, climate crisis, Climate Justice, Fossil Fuels, Oil and Gas, Summer of Heat

On an early morning this September, I stood in front of the headquarters of Citibank, chanting and singing as 31 activists were dragged away by police for blocking the building’s entrance. I’m a retired teacher and a grandmother living in Texas. How did I wind up helping lead this action in New York City? Over the past three months, organizers have engaged in the Summer of Heat on Wall Street, the largest sustained civil disobedience campaign in the climate movement’s history. For the past twelve weeks this summer, more than 5,000 people — from faith leaders to scientists, from students to grandparents — have taken to the streets, demanding that Wall Street banks end their funding of climate chaos. That’s how I ended up rallying at Citibank’s doorsteps.

Deaths, Asthma, Climate Pollution Linked To Citi’s Funding Of Gas

September 18, 2024 Emily Pomilio, Fossil Free Citi. Educate! Citibank, Fossil Fuels, Health Care, LNG, Louisiana, Report, Texas

The lives and health of families in Texas and Louisiana are being directly impacted by Citi’s funding of nearby liquified methane gas projects (LNG), a new report released today shows. Over $36 million in health costs, two deaths, and more than 1,600 incidences of asthma symptoms per year in the region are linked to the $1.6 billion the bank has pumped into four LNG facilities in the Gulf South. The bank’s financed emissions related to these facilities is equivalent to over 6 coal plants or 6 million gasoline cars annually. The report, Citi: Funding Fossil-Fueled Environmental Racism in the Gulf South, quantifies the projected health impacts the facilities’ permitted air pollution could have on the region and highlights three communities in the area that are fighting back against fossil fuel development.

Climate Change Activists Gear Up For A Summer Of Dissent

June 10, 2024 Matthew Rozsa, Salon. Resist! Citibank, climate crisis, Direct Action, Divestment, Summer of Dissent

"We have a series of many events," said Pumarol. "We are planning direct actions throughout the summer." For three months starting on June 10th, they plan on shutting down the headquarter of Citibank, a financial institution that helps fund fossil fuel exploration. They also plan on staging a protest where humans dress as orcas, the iconic cetaceans that have been targeting yachts at least since November. "I think it's been a source of inspiration for many activists. We're also going to have a day where scientists are going to get arrested in front of city headquarters, and we're going to have a day where elders are going to bring their rocking chairs into city headquarters and also plan to get arrested.

Dozens Of Climate Activists Arrested At Citibank Headquarters

April 27, 2024 Keerti Gopal, Scheer Post. Resist! Citibank, climate crisis, Climate Justice, Earth Day, New York City (NYC)

New York—Climate demonstrators blocked entrances to Citibank’s headquarters in Manhattan at the start of the workday on Wednesday and Thursday, part of a series of Earth Week actions pressuring the bank to end its financing of fossil fuels. On both mornings, it took the New York Police Department less than 10 minutes to start making arrests. Climate activists, citing Citibank as the second largest financier of fossil fuels in the world, are engaged in a multi-year campaign to pressure the bank to stop financing oil, gas and coal projects. The week’s protests follow a mock environmental justice hearing at a New York church on Monday, where advocates spoke about the health harms and human rights violations of Citibank-financed fossil fuel projects in Peru, Canada and domestically.

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