Posted: 28th December 2018
Don’t Bank on the Bomb is winning! From Germany to California, our campaigners have been pressuring all kinds of financial institutions into divesting from nuclear weapons.
With support from ICAN, our partners maintain the world’s only index of private financing for the development of nuclear weapons. The yearly Don’t Bank on the Bomb report is one of the most important advocacy tools and has a direct impact on banks and financial institutions.
Since 2014, banks, insurers, government pension funds and other financial institutions have invested $525 billion in companies involved in the production, maintenance and modernization of nuclear weapons . It’s a mind-boggling, absolutely unacceptable amount of money. But it’s only a drop in the global financial markets and for banks, better alternatives are emerging daily. The choice is simple – invest in the future or invest in an industry that can end the future for everyone.
Thanks to the 2017 adoption of the Nuclear Ban Treaty, many financial institutions are waking up to the fact that any investment related to nuclear weapons carries an unacceptable reputational and financial risk. Our campaigners are taking that opening and levering information and campaigning to help them adopt more ethical investment policies that exclude nuclear weapons. These commitments, in turn, send a message to governments that the financial sector is getting ready for the Nuclear Ban Treaty to become international law, and if they want to remain on the right side of history, they need to join the Treaty too.
We’re raising $25000 to empower ICAN campaigners around the world.
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2019 is going to be a big year for all of us at ICAN: we want to reach the 50-country-mark that will bring the Nuclear Ban Treaty to enter into force, and we want to make sure that everybody – banks, governments, media – understand that nuclear weapons are unacceptable. We want to cut off their funding, and end the thin veneer of acceptability and culture of fear that keeps nuclear weapons in place. Will you help us do so?Make a contribution
Thank you so much for being part of this campaign.
International Campaign to Abolish Nuclear Weapons