Fossil Free Finance
Campaign
The Fossil Free Finance Campaign (FFFC) was formed in 2019. We aim to foster shared learning, coordination, and collaboration among NGOs dedicated to ending fiinancial services to the fossil fuel industry.
We want to enable a shift towards people-centered sustainable energy systems as a key strategy to ensuring that global warming stays under 1.5°C.
We encourage strategic discussions to build alignment on efforts across both public and private finance; across different fossil fuel sectors including coal, oil and gas; and across national, regional and global campaigns.
| Our vision
We envision a fiinancial sector that works for the climate and communities, and enables a rapid and fair phase down of fossil fuels in line with 1.5 C pathways.
| Our mission
Strengthen the effectiveness of research, policy analysis and campaigns against fossil fuel fiinance.
| Our work
We foster discussion, coordination, collaboration and learning. We provide support to fossil free fiinance movements globally.
| Capacity Building
Our Finance Campaigner School helps to train new fossil fiinance activists around the world and to support them as they develop their own campaigns. In weekly sessions, we delve deeper into the financial system and talk about strategies for moving money away from dirty corporations. The program runs from March through October each year. Contact us for more information.
We also organize webinars and workshops on private and public fiinance campaigning and how to use our tools.
| Research and campaigning tools
Industry
The Global Coal Exit List and Global Oil and Gas Exit List identify the world’s biggest producers, users and expanders of fossil fuels.
Policy
The Coal Policy Tracker and Oil & Gas Policy Tracker assess fiinancial institution policies. The Sustainable Power Policy Tracker (SPPT) tracks the commitments adopted by the top 60 banks worldwide regarding their support for sustainable power.
Finance
The annual Banking on Climate Chaos report is the most comprehensive analysis of the top 60 banks by asset size fiinancing of fossil fuel companies.The Dodgy Deals database includes profiiles of projects or companies fiinanced by private sector banks that have been identified as damaging to the environment or society.
| Joint campaigns
Say NO to gas in Mozambique!
The Say No to Gas! in Mozambique campaign aims to bring an end to the gas industry in Mozambique and all over the world. We currently focus on the region of Cabo Delgado in northern Mozambique, in what has become known as the location of the ‘gas rush’ since 2006. The industry is being led by multinational giants like Total, ExxonMobil and Eni, with financing from private and state banks, and export credit agencies, together originating from at least 20 countries. We are a team of international partners on a global campaign against this devastating gas exploitation, each fighting the culprits in this industry in our own countries.
Protect the Verde Island Passage
The Verde Island Passage (VIP) in the Philippines, also called “the Amazon of the oceans” is the most biodiverse marine habitat in the world. The VIP today finds itself in great peril as one of the four provinces in its vicinity, Batangas, rapidly turns into the hotspot of operation and expansion of a destructive industry: liquefied natural gas (LNG) and fossil gas.
A number of dirty energy companies are taking part in the race to destroy the VIP, including San Miguel Corporation and Shell. The “Protect Verde Island Passage” campaign aims to stop financing for gas projects in the area.
Defund
TotalEnergies
TotalEnergies pursues a climate-wrecking strategy by continuing to develop new oil and gas projects around the world. Behind TotalEnergies are banks, insurers, and investors. Despite the projections of the International Energy Agency (IEA) and their own climate commitments, they provide the financial services that the French major needs to deploy a climate-wrecking strategy. In solidarity with the communities suffering the impacts on the front line of the projects developed by TotalEnergies, we call on financial players to end their complicity in the French major’s activities.
Rio Grande Valley, Texas LNG
In the Rio Grande Valley region in Texas, United States, there’s two proposed proposed liquefied natural gas (LNG) terminals: Rio Grande LNG and Texas LNG that have faced resistance from local communities since they were designed. If built, the LNG projects would extensively and negatively affect Indigenous rights, community health, endangered species, and the climate. This working group, in collaboration with local activists, aims to cut funding for those projects to stop the LNG buildout in the region.
| Governance
The Steering Committee ensures alignment with the vision and mission of the FFFC. It has a mandate to support individual or joint initiatives led by FFFC members and to promote and support finance campaigns, including through the dissemination of the key resources. FFFC is a flexible network and each activity only commits the organizations whose logo appears on the communication materials.
The FFFC is governed by a Steering Committee which is currently made up of Friends of Earth Japan, BankTrack (Netherlands), Center for Ecology, Economy and Development (Philippines), Friends of the Earth US, Rainforest Action Network (US), Reclaim Finance (France), ReCommon (Italy) and Urgewald (Germany).
| News
Banking on Climate Chaos 2025
The Banking on Climate Chaos 2025 report exposes how the world’s biggest banks are fueling climate chaos and equips movements with the facts needed to drive urgent change. New fossil fuel finance data from 65 banks around the globe shows that banks have increased their fossil fuel financing by $162 billion dollars, bucking recent trends.
UN urged to investigate allegations of severe Human Rights violations committed by Mozambique Security Forces at gas site
Local chiefs and Mozambique and international NGOs warn that current inquiries lack independence and fail to guarantee justice and protection for victims. They call for an investigation led by the UN High Commissioner for Human Rights, as the only way to ensure a fair, impartial, safe and victim-centred process. The inquiry should also investigate members of the Joint Task force in charge of protecting the site of TotalEnergies Mozambique LNG Project.
Still Banking on Coal 2025
In the past 3 years, commercial banks channeled over $385 billion to the global coal industry. This is the sobering result of our update of Still Banking on Coal, which examines the development of commercial banks’ financial flows to coal companies since COP26 in Glasgow, where 197 countries’ governments agreed to phase down coal and many of the world’s largest commercial banks made pledges to decarbonize their portfolios.
| contact us
Inés Alberico
FFFC Coordinator
ines@reclaimfiinance.org