I’ve always admired the National Trust for its unwavering dedication to preserving our precious landscapes and historic sites. As a member, every visit to their beautifully maintained properties is a reminder of their commitment to conserving the very essence of Britain. That’s why it’s so disheartening to learn that the National Trust continues to bank with Barclays—a financial giant that undermines the very principles of conservation we hold dear.
Barclays is currently the largest funder of fossil fuels in Europe. Since the Paris Agreement was signed in 2016, Barclays has pumped an astonishing $235 billion into fossil fuel companies through bonds, loans, and share underwriting. This financial support not only facilitates the ongoing exploitation of fossil fuels but also bankrolls the expansion of pipelines and oil projects, which are the antithesis of a sustainable future.
As I delve deeper into the issue, it becomes clear that Barclays’ actions are in stark contradiction to the urgent calls from the International Energy Agency (IEA). The IEA has stated unequivocally that there must be no new fossil fuel developments if we are to achieve net zero emissions by 2050—a target that is crucial for the health of our planet and future generations.
Seeing the National Trust associated with Barclays is troubling. How can an organization devoted to protecting the beauty and integrity of our countryside continue to align itself with a bank that funds environmental destruction? It’s a juxtaposition that doesn’t sit well with me, and I’m sure many of you feel the same.
We have an opportunity to influence positive change. By urging the National Trust to sever its ties with Barclays and choose a banking partner that aligns with our values, we can take a stand for the environment. There are many financial institutions that prioritize sustainable investments and support initiatives aimed at creating a greener and more sustainable future. These are the institutions that should hold the funds of the National Trust.
The National Trust has always been a beacon of leadership in the UK charity sector. By making a conscious decision to bank with institutions that are committed to sustainability, the Trust can set a powerful example. It’s about more than just money—it’s about showing that we, as a community, will not support businesses that harm our planet.
I believe that our voices can make a difference. I encourage you to join me in calling on the National Trust to bank better by dropping Barclays. Together, we can ensure that our contributions to this beloved organization are used to promote a future where our countryside and heritage are preserved, not just for us, but for generations to come.
Let’s rally for a change that reflects our shared commitment to a sustainable and beautiful Britain. Sign the petition today and let’s take a stand for the environment we cherish so much.
Sign the Petition: National Trust Bank Better – Drop Barclays
Matt Bianca