World Development Movement blog

We have already revealed that the HSBC is funding £75 billion worth of fossil fuel projects worldwide. And it is no secret that these projects are not only the cause of the displacement of entire villages and local environmental degradation – but also of accelerating CO2 emissions that are already causing catastrophic changes to the climate. What remains a secret is the level of CO2 emissions HSBC is responsible for through its funding of companies and fossil fuel projects.

If you walk down the high-street you will find them. Even though they are mostly associated with the City of London, they are present in towns and cities across the UK. Banks speculating on food are present from town centres to government corridors – and so we must be, if we want to challenge them.

We look back over three years of our food speculation campaign, and explain where the European legislation is up to, and what's still to come.

This morning, campaigners from WDM protested outside the Barclays AGM in London, as well asking some questions about Barclays' continued involvement in food speculation inside.

Earlier this week, the price of gold dropped 15 per cent in just two days, the biggest fall in 30 years. And it looks like speculators are to blame.

Yesterday morning in central London was a morning like any other. It was a morning of world leaders and business executives developing new ways of destroying our planet for profit. But it was also a morning of an increasingly global protest against greed and environmental destruction.

WDM will be joining campaigners from London Mining Network and others outside Anglo American’s AGM at 1pm Friday 19 April 2013 to protest the company's Cerrejón coal mine.