Climate activists targeted BlackRock, the world’s biggest asset manager, in London on Monday, demanding that major financial institutions starve fossil fuel companies of the money they need to build new mines, wells and pipelines, reports Trend referring to Reuters.
Extinction Rebellion, which uses civil disobedience to highlight the risks posed by climate change and the accelerating loss of plant and animal species, is midway through a new two-week wave of actions in cities around the world.
Activists thronged the financial heart of London on Monday, unfurling banners, addressing passersby by megaphone or blocking streets around locations including BlackRock, the Bank of England, Bank of China and Barclays.
At BlackRock, volunteers glued themselves to the doors while others staged a mock dinner party with rolled-up banknotes on their plates, a Reuters reporter said.
“The City of London is a preeminent nexus of power in the global system that is killing our world,” said Carolina Rosa, spokesperson for Extinction Rebellion.
Police later called for a halt of all assembly linked to the Extinction Rebellion in London and said that anyone who fails to do so will be liable for arrest and persecution.
“These conditions have been imposed due to the continued breaches of the section 14 condition previously implemented, and ongoing serious disruption to the community,” Deputy Assistant Commissioner Laurence Taylor said.
“Officers have begun the process of clearing Trafalgar Square and getting things back to normal,” Taylor added.
BlackRock declined to comment.
Extinction Rebellion wants to cause enough disruption to force governments to rapidly cut carbon emissions and reverse the collapse of ecosystems to avert the worst of the devastation scientists project if business as usual continues.
Critics say the group is proposing what amounts to the overthrow of capitalism without any clear idea of what would replace it, and that the world’s energy needs cannot be met without fossil fuels.
Extinction Rebellion said that 1,336 people had been arrested in London since it launched its actions a week ago. A further 1,463 people have been arrested in 20 cities in countries including the Netherlands, Belgium, the United States, Australia, Canada and New Zealand.