Climate-Alliance Germany

Climate-Alliance Germany

Petition against KfW coal investments handed over by WWF Greece and WWF Germany

A petition signed by 15, 000 citizens was handed over to Dr Norbert Kloppenburg, member of the Executive Board of KfW and Mr Markus Scheer, Member of the Management Board of KfW IPEX-Bank in mid of April.

During the meeting, WWF Greece’s Director Demetres Karavellas and Eberhard Brandes, Director of WWF Germany discussed the need for influential financial institutions to divest from coal.

© WWF

© WWF

For Greece clean energy paths are really important especially while the financial crises is still having bad influence on Greece’s national economy: “Countries such as Greece, who are struggling with financial crises, need investments with high returns on innovation, jobs and environment, in order to become competitive in a global economy”, Karavellas stated after the meeting.

Furthermore the WWF Greece’s Director demanded: “Development banks with important portfolios in green and innovative investments, such as KfW, must open ways for this vital shift towards sustainable, living economies that the world really needs.” Learn more…

Source: Press release WWF Global

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