urgewald

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Urgewald is a non-profit environmental and human rights organisation, based in western Germany, with another office in Berlin. For 25 years, Urgewald has been fighting against environmental destruction and for the rights of people harmed by corporate profit interests. During this time, urgewald has evolved from a small group of people to a powerful organisation.

The name Urgewald combines two words: Urgewalt, which means elemental force, and Urwald, which is an older word for rainforest. The name reflects our fight against the destruction of the tropical rainforest, which is where Urgewald had its origins.ref

Campaigns

CoalExit.org

The coal industry is the number one driver of climate change, damages peoples’ health, and destroys the environment. The Global Coal Exit List is a "Who's Who" of the global coal value chain, and provides key statistics on 775 companies.
The List also identifies companies which are planning new coal projects - the "Coal Plant Developers List" - so financial institutions can assess the "coal content" of their portfolios, to avoid new coal investments and to accelerate their departure from the industry. The List is published annually on www.coalexit.org.

Report: Investing in Coal Power Expansion The number of coal-fired power stations operating in the world is still growing: 670,000 MW are currently in planning or already under construction in 59 countries.[1] Institutional investors (pensions, insurances, asset management firms, etc), banks and insurance companies are still supporting the coal industry.
The Dirty Thirty: 1,211 institutional investors with $139.4bn invested in coal plant developers were identified — the largest 7 are responsible for 30% of the investments in the 120 coal plant development companies.

  1. $11.028bn Flag-USA.svg BlackRock Fund Advisors
  2. $7.326bn Flag-Japan.svg Govt Pension Investment Fund
  3. $6.706bn Flag-Malaysia.svg Khazanah NasionalWikipedia-W.svg
  4. $6.207bn Flag-USA.svg Vanguard Group Inc
    Vanguard-Group.svg
  5. $4.458bn Flag-South-Korea.svg National Pension Service (Korea)
  6. $4.282bn Flag-USA.svg Capital Research & Management Co.
  7. $3.937bn Flag-India.svg Life Insurance Corporation of IndiaWikipedia-W.svg
    Life-Insurance-Corporation-of-India.svg
  8. $3.642bn Flag-Malaysia.svg Permodalan Nasional Berhad
  9. $2.548bn Flag-Japan.svg Mitsubishi UFJ Financial Group
  10. $2.528bn Flag-Malaysia.svg Employees Provident Fund (Malaysia)Wikipedia-W.svg
  11. $2.048bn Flag-Japan.svg Mizuho Financial Group
  12. $1.872bn Flag-USA.svg Dimensional Fund Advisors
  13. $1.721bn Flag-USA.svg Reservoir Capital Group
  14. $1.624bn Flag-India.svg ICICI BankWikipedia-W.svg
  15. $1.560bn Flag-USA.svg JP Morgan Chase
    JP-Morgan-Chase-Chase-Bank.svg
  16. $1.549bn Flag-USA.svg Fidelity Management & Research Co.
  17. $1.499bn Flag-Japan.svg Nomura Holdings Inc
  18. $1.441bn Flag-USA.svg T Rowe Price Associates
  19. $1.403bn Flag-Norway.svg Govt Pension Fund of Norway
  20. $1.386bn Flag-UK.svg Prudential
    Prudential-horiz.svg
  21. $1.283bn Flag-USA.svg Citigroup Citigroup-2013.svg
  22. $1.146bn Flag-France.svg Credit Agricole
    Credit-Agricole-Group.svg
  23. $1.102bn Flag-Japan.svg Sumitomo Mitsui Trust
  24. $1.086bn Flag-Malaysia.svg KWAP Retirement FundWikipedia-W.svg
  25. $1.068bn Flag-Japan.svg Meiji Yasuda Life InsuranceWikipedia-W.svg
  26. $1.044bn Flag-India.svg Aditya Birla Group
  27. $1.042bn Flag-Japan.svg Nippon Life Insurance Company (ws)
  28. $1.014bn Flag-Switzerland.svg UBS Group AG
    UBS-Group.svg
  29. $993m Flag-USA.svg SSgA Funds Management
  30. $962m Flag-USA.svg Wellington Management Co.

Partners

We network with organisations that do similar work in other countries in the following areas:

Funding

About 50% of our funds come from private donors and about 50% from national and international foundations and institutions. ref

Timeline

ToDo: Major Successes

References

  1. ^ Over 670,000 MW of New Coal Threatens 1.5°C Climate Target. The Intergovernmental Panel on Climate Change's special report on 1.5°C shows coal use for electricity production must be drastically reduced. But 1,380 new coal plants are under development or planned in 59 countries - financed by institutional investors, banks and insurance companies. Coal Exit, Oct.04.2018.