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“Stop Financing Fossil Fuels”: 149 Climate Activists Arrested Blocking NY Federal Reserve, Hit Banks

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As climate activists from around the world gather in New York for the annual Climate Week, which coincides with the new session of the United Nations General Assembly, an estimated 75,000 people marched on the U.N. headquarters Sunday with a demand for President Biden to “end fossil fuels.” They escalated their demands by targeting financing for fossil fuel projects, with a series of direct actions at major U.S. financial institutions and the Federal Reserve Bank of New York. We get an update from two of the protest organizers: Renata Pumarol, with Climate Defenders, and Alicé Nascimento, campaign director at New York Communities for Change, who was arrested at Monday’s protest. “Climate chaos is not in some distant future,” says Pumarol. “It will only get worse if we do not stop the fossil fuel industry, and the only way to stop the fossil fuel industry is to stop the financing of fossil fuels.”