<div dir="ltr"><br><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">---------- Forwarded message ---------<br>From: <strong class="gmail_sendername" dir="auto">Simon Youel</strong> <span dir="auto"><<a href="mailto:simon.youel@positivemoney.org.uk">simon.youel@positivemoney.org.uk</a>></span><br>Date: Tue, Aug 4, 2020 at 3:20 PM<br>Subject: DIARY NOTE: Protesters to put climate on Bank of England agenda<br>To: <<a href="mailto:michel.bauwens@p2pfoundation.net">michel.bauwens@p2pfoundation.net</a>><br></div><br><br><div dir="ltr"><span id="m_5182373041912744986gmail-docs-internal-guid-9859bb61-7fff-d9ab-5c29-ec327ee18527"><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">OPERATIONAL NOTICE: Rally and photocall
</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Protesters to call for the Bank of England to put its money where its mouth is and support a green COVID recovery</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">WHEN: </span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Activists will assemble from 08:30 am</span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> on 6 August 2020 </span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"><br></span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"><br></span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">WHERE: Outside the Bank of England</span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> entrance facing the Royal Exchange building between Threadneedle Street and Cornhill Street</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">WHAT: </span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Activists will be reminding Bank of England governor Andrew Bailey of his pledges to build a greener economy, as Britain’s central bank prepares to release its latest Monetary Policy and Financial Stability Reports on Thursday 6 August.</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Campaigners will be wearing Andrew Bailey masks and holding speech bubbles featuring the governor’s previous statements on climate and the opportunity for a green recovery. A large banner will also read ‘NO ECONOMIC STABILITY IN A CLIMATE EMERGENCY’ </span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">WHY: </span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">The Bank of England is currently supporting fossil fuel companies such as Shell and BP through its corporate quantitative easing (QE) programme, as well as airlines, oil and gas companies and other polluters through its new Covid Corporate Financing Facility (CCFF).</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">On becoming Bank of England governor in March, Andrew Bailey </span><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=f04c062c-7c98-40f9-bb60-dd475cc68c7a&r=3279a57d-360f-48ab-9f30-1590f307e416" style="text-decoration-line:none" target="_blank"><span style="font-size:11pt;font-family:Arial;background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;text-decoration-line:underline;vertical-align:baseline;white-space:pre-wrap">said</span></a><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> that decarbonising the Bank’s asset purchases was “perfectly sensible” and pledged to take it forward as “a priority”. However, in April the Bank of England published an updated list of assets it will be buying with an additional £10bn of corporate QE, that still included </span><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=7d36a50e-92b2-4b6f-939e-3e3baa74128d&r=3279a57d-360f-48ab-9f30-1590f307e416" style="text-decoration-line:none" target="_blank"><span style="font-size:11pt;font-family:Arial;background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;text-decoration-line:underline;vertical-align:baseline;white-space:pre-wrap">climate criminals</span></a><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> such as Shell, BP and Total.</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">A recent Positive Money </span><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=6d0b9063-a8b2-4bac-8835-0498a200535a&r=3279a57d-360f-48ab-9f30-1590f307e416" style="text-decoration-line:none" target="_blank"><span style="font-size:11pt;font-family:Arial;background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;text-decoration-line:underline;vertical-align:baseline;white-space:pre-wrap">report</span></a><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> also revealed that the majority of beneficiaries of the Bank’s new CCFF scheme have been high-carbon corporations, with airlines and oil and gas companies receiving billions of pounds of public financial support, prompting calls for environmental and social conditions to be attached to these bailouts.</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Andrew Bailey has </span><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=c6671c1c-d6be-4701-8946-478cd3d43f91&r=3279a57d-360f-48ab-9f30-1590f307e416" style="text-decoration-line:none" target="_blank"><span style="font-size:11pt;font-family:Arial;background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;text-decoration-line:underline;vertical-align:baseline;white-space:pre-wrap">responded</span></a><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> to public pressure on climate to say that the Bank will turn to these issues “when the pressure on our resources abates”. </span><span style="font-size:11.5pt;font-family:Arial;color:rgb(29,28,29);font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Activists will remind Bailey that climate change is an existential threat to economic and financial stability which action cannot be delayed on. They will hold him to his previous </span><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=602f15e9-1a23-4c9c-bd17-6882e223394c&r=3279a57d-360f-48ab-9f30-1590f307e416" style="text-decoration-line:none" target="_blank"><span style="font-size:11.5pt;font-family:Arial;font-variant-numeric:normal;font-variant-east-asian:normal;text-decoration-line:underline;vertical-align:baseline;white-space:pre-wrap">words</span></a><span style="font-size:11.5pt;font-family:Arial;color:rgb(29,28,29);font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap"> on the opportunity for a green recovery.</span></p><p dir="ltr" style="line-height:2.29091;margin-top:0pt;margin-bottom:0pt"> </p><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-weight:700;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">Contact: </span><span style="font-size:11pt;font-family:Arial;color:rgb(32,33,36);background-color:transparent;font-variant-numeric:normal;font-variant-east-asian:normal;vertical-align:baseline;white-space:pre-wrap">For more information, or to arrange an interview with a spokesperson or receive a briefing, please contact Simon Youel at <a href="mailto:simon.youel@positivemoney.org.uk" target="_blank">simon.youel@positivemoney.org.uk</a> or on 07817765517</span></span> <br clear="all"><div><br></div>-- <br><div dir="ltr" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><font color="#888888"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr" style="font-size:12.8px"><b>Simon Youel</b><br>Head of Policy & Advocacy, Positive Money<br><br>T: 0207 253 3235</div><div style="font-size:12.8px">M: 07817765517</div><div style="font-size:12.8px"><br></div><div dir="ltr" style="font-size:12.8px"><a href="mailto:simon.youel@positivemoney.org" style="color:rgb(17,85,204)" target="_blank">simon.youel@positivemoney.org</a><br><a href="http://ec2-52-26-194-35.us-west-2.compute.amazonaws.com/x/d?c=8213785&l=2726a81e-2df3-413a-99ab-92d2a76778a7&r=3279a57d-360f-48ab-9f30-1590f307e416" style="color:rgb(17,85,204)" target="_blank">www.positivemoney.org</a></div><div dir="ltr" style="font-size:12.8px"><br></div><div dir="ltr"><span style="font-size:12.8px"><i>Positive Money is a company limited by guarantee registered in England and Wales. 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</div><br clear="all"><div><br></div>-- <br><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://wiki.p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br>Discuss: <a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br><br>Updates: ; <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a></div><div><br></div><div>Curation of news on p2p/commons developments: <a href="https://www.facebook.com/groups/p2p.open/" target="_blank">https://www.facebook.com/groups/p2p.open/</a><br><br><br><br><br></div></div></div></div>