By Will van de Pol, Chief Executive, Market Forces AS LIBERAL MEMBERS squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is also starting to open up among the nation’s largest banks....
Blog
Scientists, Health Experts, Securityholders and NT communities put APA on notice over Beetaloo gas expansion
At APA Group’s 2025 Annual Meeting in Sydney, community leaders from the Northern Territory, climate scientists, doctors, and securityholders united to deliver one message the board could not ignore: You can’t claim climate action or Paris-alignment while building...
Big four banks fund major fossil fuel firms $43 billion in 10 years
Wednesday 12 November: New analysis by Market Forces finds that in the decade since the Paris Agreement was adopted to rein in climate change, Australia’s big four banks – ANZ, Commonwealth Bank, NAB, and Westpac – have provided AU$43.4 billion to the world’s major...
Southeast Asian banks need to end loopholes allowing finance for industrial coal powerÂ
By Binbin Mariana, Senior Asia Energy Finance Campaigner, Market Forces, a clean energy finance advocacy organisation working across Asia and Australia. Southeast Asia’s biggest banks have made public commitments to sustainability and phasing out financing for coal,...
Scientists, health leaders, shareholders demand APA ditch fracking pipelines
Wednesday 22 October: Doctors, scientists, community leaders and more than 100 shareholders have joined with Market Forces demanding APA Group ends its plans to build two of Australia’s biggest ever pipelines enabling dangerous gas fracking in the Northern Territory....
Macquarie closes third dirty fracking deal in less than a year
Macquarie is a critical financial backer of what could be Australia’s next biggest gas development in the heart of Australia’s Northern Territory, the Beetaloo Basin. This directly contradicts the bank’s green credentials and violates its commitments to the goals of...
Health workers and super fund members rally, demanding HESTA rejects new fossil fuels
HESTA felt the heat last week as members, health workers and concerned community members rallied outside the super fund’s Melbourne office, demanding greater action on climate change. Tell HESTA to say no to new fossil fuels Our communities are facing increasing...
Wake up HESTA: Backing new gas is harming our healthÂ
By Veronique Hamilton, a credentialed mental health nurse and founder of a business, Exploring Minds, who has worked as a Mental Health Postgraduate Coordinator, Mental Health Promotion Officer, in addition to clinical roles in multidisciplinary teams and settings. As...
Health organisations urge HESTA to say no to new oil and gas
Tuesday 9 September: A coalition of organisations representing more than one million health workers have called for super fund HESTA to increase its climate ambition by taking a clear position against new fossil fuel developments. Market Forces, Healthy Futures,...
Funding coal-powered nickel in Indonesia is a climate disaster
By: Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Indonesia’s ambition to dominate the global nickel market is a key driver of its ambitious target to lead Southeast Asia with an economic growth rate of eight per cent. The world is going into...