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Home » Greta Thunberg Stands Defiant Second London Climate Protest Targets JP Morgan
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Greta Thunberg Stands Defiant Second London Climate Protest Targets JP Morgan

Charged but undeterred, climate activist Greta Thunberg takes her protest to JP Morgan's doorstep in London's Canary Wharf, marking her second demonstration this week.
adminBy adminOctober 20, 2023Updated:October 20, 2023No Comments3 Mins Read
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Persistence in Protest Thunberg’s Unwavering Commitment

Greta Thunberg, the face of global youth climate activism, has once again made headlines by participating in her second climate protest in London within a week, this time at the Canary Wharf headquarters of JP Morgan. Her renewed presence comes despite recent legal troubles, including an arrest and subsequent charge related to a public order offence from a demonstration on Tuesday.

Voicing Dissent The Canary Wharf Demonstration

Thunberg, along with other protestors, gathered outside JP Morgan’s office on Thursday morning, demanding accountability for the financial giant’s significant investments in fossil fuels. With chants like “Change your diet, save the climate – eat the rich,” the demonstrators’ messages were clear as they sat outside the Bank Street building, engaging passersby and employees alike.

They distributed mock £10 notes from the “bank of climate chaos,” a symbolic gesture highlighting the perceived complicity of major financial institutions in climate change. These notes bore a promise of paying for the “sum of loss and damage” caused by climate crisis policies.

JP Morgan’s Fossil Fuel Financing Under Fire

A representative from Fossil Free London explained to the Guardian the rationale behind targeting JP Morgan: the bank’s staggering $434 billion investment in fossil fuels since the Paris agreement. This investment positions JP Morgan as a major contributor to the climate crisis, according to the activists.

The protest, extending beyond mere demonstration, calls for accountability and reparations for the ongoing environmental damage, particularly affecting underprivileged communities in the global south.

Responses and Repercussions Security and Silence

As the protest ensued, Canary Wharf’s security personnel redirected JP Morgan staff to other entrances, while the police, arriving around 9am, did not move to make immediate arrests. Thunberg herself chose not to give official statements but was seen actively engaging with fellow protestors and leading chants.

Simultaneous Movements Healthcare Workers Demand Change

In a coordinated stance across the city, healthcare professionals affiliated with Extinction Rebellion staged a dramatic “die-in” and “climate inquest” outside the Energy Intelligence Forum venue. This act of solidarity mirrored the urgency portrayed in Canary Wharf, pressing for immediate reform in fossil fuel investments.

The healthcare workers planned to submit a letter to JP Morgan Chase’s head of sustainability, urging immediate divestment from fossil fuels and warning of future societal judgment against such continued financial practices.

In response, a JP Morgan spokesperson emphasized the bank’s broad financing across the energy sector, including a commitment to funding clean energy initiatives, with a target of $1 trillion by 2030.

As Thunberg and other activists continue their fight, the world watches to see if institutions like JP Morgan will indeed make substantial changes in their investment approaches in response to this growing pressure.

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