Right now, Lloyd’s of London is insuring climate wrecking coal mines, tar sands pipelines and power stations, across the world. Insurers can single-handedly stop fossil fuel projects, but have failed for decades to take action in the face of a climate emergency.
Lloyd’s accounts for 40% of the total global energy insurance premium and is a key influencer in the global insurance industry. Send Lloyd’s a message to act on the climate emergency, not act as the last refuge for climate wreckers to secure insurance!
Even in a year of lockdowns and restrictions, people across the world are standing up to Lloyd’s, and it’s working.
Leading the charge has been the #StopAdani movement in Australia. They have pushed most of Lloyd’s insurers to rule out insuring a coal mine that would open up the Galilee Basin and potentially more than double Australia’s current coal exports.
Adani's proposed coal mine is the most environmentally and socially contentious project in Australia's history, the object of years-long resistance from the Wangan and Jagalingou Traditional Owners and the broader community.
Just days after 750 people in the UK joined the Stop Adani movement by writing and calling Lloyd'd insurance companies, the extra pressure helped convince Brit to rule out insuring the Adani coal mine. Now the Stop Adani moment has asked us to pile the pressure on another key Lloyd's insurer - Hiscox.
Hiscox are rumoured to be sitting on an unreleased coal policy, that could see them stopping insuring all new coal mines. We want them to realise their policy ahead of the 3rd March, when they announce their annual profits.
Help #StopAdani get in touch with top Lloyd's insurer Hiscox now!
We’re excited to let you know that you can finally watch FINITE online now on Vimeo On Demand, by renting or buying the film.
FINITE: The Climate of Change is an inspiring insider’s view of communities in the UK and Germany putting their bodies on the line to fight back against coal mining. Featuring Coal Action Network alongside local people in the Pont Valley, Durham…
We are an environmental organisation dedicated to ending coal mining and use in the UK for the sake of our collective climate and ecosystems. So you’d think we’d celebrate the claim by Merthyr (South Wales) Ltd that it will finally stop mining coal today at Ffos-y-fran in Merthyr Tydfil, South Wales. But we’re not. Because the abject failure of Merthyr County Borough Council to stop…
People hailing from Cumbria to London, and everywhere in between, descended on the Mines and Money Conference in London across two days (28th-29th Nov 2023). We demanded that investors stop pouring cash into the mining sector, and instead invest in our collective future. Together with Fossil Free London and other groups, we greeted investors with…
The insurers that have ruled out underwriting the mine are AEGIS Managing Agency, Argenta Syndicate Management, Hannover Re and Talanx. These are the first financial institutions to rule out any involvement with the project, and the win represents a new phase in the campaign to stop the project from going ahead.
Today’s global actions focused specifically on the state-owned China Export & Credit Insurance Corporation (Sinosure), the Export-Import Bank of China (China Exim), and the Industrial and Commercial Bank of China (ICBC). Sinosure is said to be in advanced talks with the Ugandan government about providing credit for the project.
On 18th October dozens of protesters staged a sit-in occupation of the plush City of London offices of ten Lloyd’s of London insurers demanding they rule out insuring the proposed West Cumbria coal mine and East Africa Crude Oil Pipeline (EACOP).
Global mining companies are coming to London soon attempting to find investors in their ruinous projects at the Mines and Money Conference (28th to 30th November). Join our protests against it!
01 September 2022: Merthyr (South Wales) Ltd applies for a S.73 time extension to mine coal from Ffos-y-fran, and to accordingly delay and vary restoration works.
06 September 2022: Planning permission ends for coal mining at the Ffos-y-fran site, after 15 years and 3 months of operations.
12 September 2022: first reports to MTCBC have been made by local residents of coaling beyond the end of planning permission.
Over 30 Welsh NGOs and businesses have signed a letter to Welsh Minister Julie James and Deputy Minister Lee Waters, demanding they draw a line in the sand and announce ban on any further coal mines on Welsh soil. The letter was delivered on 11th October 2023.