Turn off the money supply to the fossil industry! – Deutsche Bank marked in orange

June 22.06.2023, XNUMX - Supporters of the last generation are protesting with a color campaign against Deutsche Bank's fueling of the climate catastrophe and for the establishment of a society council at Falkeplatz in Chemnitz. Photo: (c) Katharina Antholz
June 22.06.2023, XNUMX - Supporters of the last generation are protesting with a color campaign against Deutsche Bank's fueling of the climate catastrophe and for the establishment of a society council at Falkeplatz in Chemnitz. Photo: (c) Katharina Antholz

Chemnitz, June 22.06.2023, 08, 00:XNUMX a.m – Today in Chemnitz, Last Generation supporters sprayed the Deutsche Bank building with orange paint using prepared fire extinguishers. The protesters are outraged that Deutsche Bank is still pouring money into the fossil fuel industry this year. On a banner they call for the convening of a social council to develop effective and socially just mechanisms for CO2 reduction.

Although it is clear to the international community that triggering climate tipping points will push us into a deadly global hot period, emissions continue to rise unchecked. Current global climate policy is leading us to a world that is on average 2,7°C warmer. Already an increase in the global average temperature 2°C has devastating consequences, such as more heatwaves, more droughts and resulting crop failures, more water shortages and the loss of insects and other mammals. All of this will inevitably mean that more and more people will no longer be able to live in their current home.

Juliane Schmidt (26), who is taking part in the protest today, explained in advance: “There is so much in this world that I love. This protest hurts me because I am risking my personal wishes and dreams. But what pains me even more is the suffering that the climate catastrophe is bringing to our world. A third of humanity will either have to leave the areas of the earth that become uninhabitable or will be threatened with death there. Their habitat and that of countless living beings is being destroyed, caused by a fossil economy, supported by fossil financial markets. A few rich people benefit from this, while the majority of the world's population suffers. I am not prepared to accept this and am fighting here and now for a fairer federal policy. And for everything I love. "

If the Paris Climate Agreement had its way, the remaining fossil fuels would be so-called unburnable carbon. It is imperative that their use be completely dismantled. Investing in these areas, taking into account the follow-up costs, lacks any economic sense and is probably no longer worthwhile. But exactly the opposite happens. The fossil fuel industry continues to be supported through financial investments. That alone Deutsche Bank invested over $2016 billion in coal, oil and gas between 2020 and 74.

Photo: (c) Katharina Antholz

"The facts about the climate catastrophe have been known for a long time. Even before 2015." told Simi Veit (27). "But despite knowing better, Deutsche Bank continues to make billions from dirty energy sources. Those who can afford stock transactions benefit from the destruction of our environment. At the same time, the poorest people are particularly affected by the consequences. We can no longer afford this investment poker of the rich!“ he continued.

With the demand for one Societal Council An institution should be created that will develop the necessary steps to deal with the climate catastrophe. The interests of all citizens of the country should be taken into account in order to use social resources as fairly as possible.

Photo: (c) Katharina Antholz

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