Climate change activists stage protest outside RBS AGM

The video discusses the significant role banks play in climate change, highlighting that 33 banks have invested $1.9 trillion in fossil fuels over the past three years. It focuses on RBS, which has reduced its fossil fuel lending but lacks policy changes to solidify this practice. The video calls for RBS, majority-owned by the UK government, to lead by going fossil-free, emphasizing the urgency for banks to take responsibility and act on climate change. RBS's leadership could inspire a broader shift in the financial sector towards sustainable practices.

What role have banks played in climate change over the past three years?

• They have stopped financing fossil fuel projects.

• They have invested over $1.9 trillion in fossil fuels.

• They have increased their investments in renewable energy.

• They have reduced their investments in fossil fuels.

Why is RBS a particular focus in the discussion about fossil fuel lending?

• RBS has increased its fossil fuel investments recently.

• RBS has nearly stopped fossil fuel lending but lacks policy changes.

• RBS is not involved in fossil fuel financing at all.

• RBS has already gone completely fossil-free.

What is the ownership status of RBS that adds to its responsibility in climate action?

• It is entirely privately owned.

• It is a fully public company.

• It is 62% owned by the UK Government.

• It is owned by international investors.

What is the current investment status of RBS in fossil fuel companies?

• RBS has increased its investments in renewable energy.

• RBS has reduced its investments to £1 billion.

• RBS has over £2 billion invested in fossil fuel companies.

• RBS has no investments in fossil fuel companies.

What change is being demanded from RBS to lead in climate action?

• To go completely fossil-free.

• To increase its fossil fuel investments.

• To maintain its current investment strategy.

• To invest more in international markets.