-------- Advertisement---------

Two protest teams staged simultaneous demonstrations exterior a Barclays financial institution on Saturday.

On the department in Studying activists from Extinction Riot campaigned towards the banks funding in fossil fuels.

In the meantime opponents of the struggle in Gaza highlighted alleged hyperlinks between Barclays and the arms commerce.

Barclays previously said it will no longer fund new oil or gas projects. The BBC has contacted the financial institution for a response.

PROTEST

Activists from Extinction Riot campaigned towards the banks funding in fossil fuels

-------- Advertisement---------

On Friday Barclays introduced it cease instantly financing power shoppers’ new oil and gasoline initiatives.

Laura Barlow, Group Head of Sustainability, stated: “Addressing local weather change is a crucial and complicated problem.

“We proceed to work with our power shoppers as they decarbonise and help their efforts to transition in a way that’s simply, orderly and addresses power safety.

“At present we strengthen our dedication to the power transition, with insurance policies that can focus our capital and assets to the power firms that play a key position within the transition.”

In response to this, Adam who was in Studying campaigning with Extinction Riot, stated: “We have moved the needle because it had been, and we will now proceed to place strain, to get them to tighten up the statements, and enhance their technique.

“However yeah, it appears like a win for activism.”

Razwan

Razwan was protesting exterior Barclays as he claims they’re investing in weapons firms which can be helping the struggle in Gaza

Unconnected protestors in Studying, and at different branches, had been highlighting the financial institution’s hyperlinks with defence firms.

Razwan is among the activists, he stated: “Ask the banks themselves, due to their moral reporting, they should report on this, and it is there very clearly, that they are investing in weapons firms.

“These weapons are killing civilians.”

Barclays says it has clear insurance policies on investments in defence, what it’ll and won’t help.


Observe BBC South on Facebook, X, or Instagram. Ship your story concepts to [email protected].

By Maggi

"Greetings! I am a media graduate with a diverse background in the news industry. From working as a reporter to producing content, I have a well-rounded understanding of the field and a drive to stay at the forefront of the industry." When I'm not writing content, I'm Playing and enjoying with my Kids.

Leave a Reply

Your email address will not be published. Required fields are marked *