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To: University of Amsterdam
UvA - Time to Cut the Ties with Deutsche Bank!
We want the University to take green banking seriously and to take responsibility for the part they play in global warming.
We want to see concrete plans from the UvA on their sustainability policy and pressure Deutsche Bank to divest as soon as possible. Or the University should switch banks!
Why is this important?
The University of Amsterdam wants to be a sustainable University yet they still bank with Deutsche Bank. The University is deciding on their sustainable plans for the upcoming years and ethical banking should be included in this.
Deutsche Bank is one of the world’s largest financiers of the coal industry and thus undermining climate finance. Given the commitments made by 195 nations in the Paris agreements to lower greenhouse gas emissions and pursue efforts to limit the global average temperature from rising more than 1.5°C, it is clear that business as usual in financing fossil fuel energy must radically shift.
Universities play a significant role in public support for the fossil industry. Given the University of Amsterdam's it is time to clean up their wallet and either urge Deutsche Bank to cut the ties with the fossil industry or move their money away from Deutsche altogether.
We invite students, student organizations, employees and teachers to come by and 'cut the ties' between the University of Amsterdam, their bank and the fossil industry on . And sign the petition!